Street Law Inc

Analysis

Street Law Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Street Law Inc reported income of $2.8m and spending of $3.0m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.7m to $2.8m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Street Law Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include New Mexico Manufacturing Extension Partnership ($2.8m), Leadership Training and Education Fund ($2.8m) and Field School Foundation ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $439k (15% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.7m against liabilities of $676k, net assets of $3.1m. It reported 19 employees.