William & Mary Law School Foundation

Analysis

William & Mary Law School Foundation is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, William & Mary Law School Foundation reported income of $5.6m and spending of $8.2m, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.4m to $5.6m (-34%), an average of -9.7% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William & Mary Law School Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Eagles Nest Community Charter Schools Inc ($5.6m), Brentwood School Inc ($5.6m) and Mooresville Christian Academy ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 2.5% of the total. At year end it held assets of $67.8m against liabilities of $147k, net assets of $67.7m.