Sustainable Economies Law Center
Analysis
Sustainable Economies Law Center is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Sustainable Economies Law Center reported income of $5.1m and spending of $4.5m, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.6m to $5.1m (+212%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 66% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sustainable Economies Law Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Intellectual Virtues Academy of Long Beach ($5.1m), Ubah Medical Academy ($5.1m) and Center for Sound Literacy Foundation ($5.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $127k (2.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $8.7m against liabilities of $204k, net assets of $8.5m. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 2.6%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Intellectual Virtues Academy of Long Beach | Long Beach | $5.1m |
| Ubah Medical Academy | Hopkins | $5.1m |
| Center for Sound Literacy Foundation | Kentwood | $5.1m |
| International Spanish Language Academy | Edina | $5.1m |