Innovation Law Lab

Analysis

Innovation Law Lab is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Innovation Law Lab reported income of $9.5m and spending of $4.7m, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $9.5m (+399%), an average of +50% a year. The sharpest change came in the year to June 2023, when income rose by 166%. Over the whole period it spent 70% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Innovation Law Lab sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Florida Rights Restoration Coalition Inc ($9.4m), Georgia Bar Foundation Inc ($9.5m) and Restoration of America Foundation Inc ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $890k (19% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $7.6m against liabilities of $417k, net assets of $7.2m. It reported 31 employees.