Legal Aid Society Inc
Analysis
Legal Aid Society Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1972, 54 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 2023, Legal Aid Society Inc reported income of $6.7m and spending of $7.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $6.7m (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 100% 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 Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Society for Christian Instruction ($6.7m), Housing Development Corporation of Bergen County ($6.7m) and Special Olympics Missouri ($6.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $263k (3.7% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $6.1m against liabilities of $2.6m, net assets of $3.5m. It reported 96 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Society for Christian Instruction | Allendale | $6.7m |
| Housing Development Corporation of Bergen County | Hackensack | $6.7m |
| Special Olympics Missouri | Jefferson Cty | $6.7m |
| Vital Ground Foundation Inc | Missoula | $6.7m |