Southeastern Bankruptcy Law Institute Inc

Analysis

Southeastern Bankruptcy Law Institute Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in September 1976, 50 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Southeastern Bankruptcy Law Institute Inc reported income of $209k and spending of $237k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $294k to $209k (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeastern Bankruptcy Law Institute Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Touch of Color a NJ Nonprofit Corporation ($209k), Columbus Regional Auxiliary ($209k) and New Leipzig Ambulance Service ($209k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.