Council on Legal Education Opportunity Inc

Analysis

Council on Legal Education Opportunity Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Council on Legal Education Opportunity Inc reported income of $909k and spending of $1.3m, spending 139% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.1m to $909k (-18%), an average of -4.9% a year. The sharpest change came in the year to August 2022, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Council on Legal Education Opportunity Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Great Start Learning Academy ($908k), Blue Ridge Mountains Parade of Homes Inc ($909k) and Sul Ross State University Foundation ($908k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $175k (14% of expenses). Other salaries and wages came to $417k. At year end it held assets of $1.5m against liabilities of $483k, net assets of $982k. It reported 7 employees.