Guild Law School

Analysis

Guild Law School is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2022, Guild Law School reported income of $92k and spending of $141k, spending 153% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income fell from $134k to $92k (-32%), an average of -12% a year. The sharpest change came in the year to August 2021, when income rose by 149%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Guild Law School sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include General John Nixon PTO Inc ($92k), American Friends of the University of Leicester Inc ($92k) and Ali Kemp Educational Foundation ($92k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $51k. It paid $2,767 in professional fundraising fees. At year end it held assets of $648k against liabilities of $5,926, net assets of $642k. It reported 3 employees.