Legal Aid Society of Palm Beach County Inc
Analysis
Legal Aid Society of Palm Beach County Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in May 1969, 57 years ago. 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 September 2023, Legal Aid Society of Palm Beach County Inc reported income of $13.6m and spending of $12.6m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.3m to $13.6m (+32%), an average of +7.2% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Legal Aid Society of Palm Beach County 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 97th percentile within FL. Charities of a similar size with the same main cause include Arc in Hawaii ($13.6m), School and Municipal Energy Cooperative of Western New York ($13.6m) and Fisher Titus Health ($13.6m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $859k (6.8% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $12.5m against liabilities of $6.1m, net assets of $6.4m. It reported 179 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 1.4%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arc in Hawaii | Honolulu | $13.6m |
| School and Municipal Energy Cooperative of Western New York | West Seneca | $13.6m |
| Fisher Titus Health | Norwalk | $13.6m |
| Economic Opportunity for Savannah Chatham County Area Inc | Savannah | $13.7m |