Open Law Library

Analysis

Open Law Library is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Open Law Library reported income of $807k and spending of $544k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $807k (+342%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 483%. Over the whole period it spent 137% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open Law Library sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 51st percentile within DC. Charities of a similar size with the same main cause include The Literacy Council of Lancaster- Lebanon Lva Inc ($807k), Stella Learning Center Inc ($808k) and Texas City Independent School District Foundation for the Future ($807k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (21% of expenses). Other salaries and wages came to $101k. At year end it held assets of $112k against liabilities of $597k, net assets of -$486k. It reported 4 employees.