Mitchell Hamline School of Law
Analysis
Mitchell Hamline School of Law is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1925, 101 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, Mitchell Hamline School of Law reported income of $62.0m and spending of $59.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $51.6m to $62.0m (+20%), an average of +4.7% a year. 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, Mitchell Hamline School of Law sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Belhaven University ($62.0m), Georgia Connections Academy Charter School Inc ($62.0m) and Guilford College ($61.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $603k (1.0% of expenses). Other salaries and wages came to $17.0m. It paid $195k in professional fundraising fees. At year end it held assets of $81.5m against liabilities of $20.2m, net assets of $61.3m. It reported 660 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.4%
- Program services 89%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Belhaven University | Jackson | $62.0m |
| Georgia Connections Academy Charter School Inc | Duluth | $62.0m |
| Guilford College | Greensboro | $61.9m |
| Lake Highland Preparatory School Inc | Orlando | $62.1m |