Ave Maria School of Law

Analysis

Ave Maria School of Law is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ave Maria School of Law reported income of $20.6m and spending of $21.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.3m to $20.6m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ave Maria School of Law sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Thomas University Inc ($20.5m), Westover School Inc ($20.6m) and Meridian Public Charter School ($20.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $1.2m (5.6% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $19.3m against liabilities of $11.4m, net assets of $7.8m. It reported 162 employees.