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Sustainable Economies Law Center

RegisteredEIN 46-2210531Oakland, CAEducation and training
Income$5.1m2023-12
Spending$4.5msame year
Spent / received66%6-year average
Size in its cause89th pctEducation and training
Exempt since2014Publicly supported organisat
Employees29latest return

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

$0$1.8m$3.6m$5.3m$7.1m2018 Income: $1,646,4262018 Spending: $1,359,97720182019 Income: $2,104,9582019 Spending: $1,441,61220192020 Income: $4,044,6902020 Spending: $1,623,64720202021 Income: $7,133,0492021 Spending: $3,223,46820212022 Income: $4,439,6302022 Spending: $3,934,14620222023 Income: $5,130,8972023 Spending: $4,454,0292023
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Program services 2.6%
  • Other 3.1%

Similar-sized charities, same cause

CharityLocationIncome
Intellectual Virtues Academy of Long BeachLong Beach$5.1m
Ubah Medical AcademyHopkins$5.1m
Center for Sound Literacy FoundationKentwood$5.1m
International Spanish Language AcademyEdina$5.1m