Bay Area Legal Services Inc

Analysis

Bay Area Legal Services Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in July 1968, 58 years ago. 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 2022, Bay Area Legal Services Inc reported income of $12.5m and spending of $13.4m, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $10.2m to $12.5m (+23%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay Area Legal Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Amarillo College Foundation Inc ($12.5m), Campbell Institute ($12.5m) and Puerto Rican Cultural Center ($12.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $704k (5.3% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $12.7m against liabilities of $6.9m, net assets of $5.8m. It reported 189 employees.