Comic Book Legal Defense Fund Inc

Analysis

Comic Book Legal Defense Fund Inc is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Comic Book Legal Defense Fund Inc reported income of $321k and spending of $399k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $321k (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 66%. Over the whole period it spent 123% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Comic Book Legal Defense Fund Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OR. Charities of a similar size with the same main cause include Baltimore Bar Foundation Inc ($321k), Ark of the City Incoporated ($321k) and Richmonder Involved to Strengthen Our Communities ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $120k (30% of expenses). Other salaries and wages came to $57k. At year end it held assets of $769k against liabilities of $1,027, net assets of $768k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.