Financial Protection Law Center

Analysis

Financial Protection Law Center is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Financial Protection Law Center reported income of $370k and spending of $306k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $440k to $370k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 114% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Financial Protection Law Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Lenity Project Inc ($370k), Transitions of Dyer County ($371k) and Judicial Process Commission Inc ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $209k (69% of expenses). At year end it held assets of $276k against liabilities of $2,592, net assets of $274k. It reported 2 employees.