Legal Services Corporation Of Delaware
EIN: 510372955 · Wilmington, DE · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $2.8M |
| Net Assets | $1.3M |
Is Legal Services Corporation Of Delaware Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Legal Services Corporation Of Delaware
Legal Services Corporation Of Delaware (EIN: 510372955) is a nonprofit organization based in Wilmington, DE, classified under NTEE code I80. The organization reported total revenue of $4.3M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legal Services Corporation Of Delaware's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Legal Services Corporation Of Delaware is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$510K |
| Total Assets | $1.8M |
| Total Liabilities | $471K |
| Net Assets | $1.3M |
| Operating Margin | 15.6% |
| Debt-to-Asset Ratio | 26.5% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Legal Services Corporation Of Delaware reported a surplus of $510K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 26.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Legal Services Corporation Of Delaware's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.8% | +7.3% | +38.1% |
| 2022 | -18.5% | +2.2% | +12.5% |
| 2021 | +44.8% | +12.5% | -20.1% |
| 2020 | -0.2% | +8.3% | +16.2% |
| 2019 | +36.1% | +17.3% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Legal Services Corporation Of Delaware has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Legal Services Corporation Of Delaware with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $510K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.5%.
Frequently Asked Questions about Legal Services Corporation Of Delaware
Is Legal Services Corporation Of Delaware a legitimate charity?
Based on AI analysis of IRS 990 filings, Legal Services Corporation Of Delaware (EIN: 510372955) insufficient data. 0 red flags identified, 0 strengths noted.
How does Legal Services Corporation Of Delaware spend its money?
Detailed spending breakdown data is not yet available for Legal Services Corporation Of Delaware. Check back for updated IRS 990 analysis.
Are donations to Legal Services Corporation Of Delaware tax-deductible?
Legal Services Corporation Of Delaware is registered as a tax-exempt nonprofit (EIN: 510372955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Legal Services Corporation Of Delaware located?
Legal Services Corporation Of Delaware is headquartered in Wilmington, Delaware and files with the IRS under EIN 510372955. It is classified under NTEE code I80.
How many years of IRS 990 filings does Legal Services Corporation Of Delaware have?
Legal Services Corporation Of Delaware has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.
Filing History
IRS 990 filing history for Legal Services Corporation Of Delaware showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Legal Services Corporation Of Delaware's revenue has grown by 223%, moving from $1.0M to $3.3M. Total assets increased by 1112.3% over the same period, from $146K to $1.8M. Total functional expenses rose by 169.8%, from $1.0M to $2.8M. In its most recent filing year (2023), Legal Services Corporation Of Delaware reported a surplus of $510K, with revenue exceeding expenses. The organization holds $471K in liabilities against $1.8M in assets (debt-to-asset ratio: 26.5%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $2.8M | $1.8M | $471K | — | — |
| 2022 | $2.4M | $2.6M | $1.3M | $492K | — | View 990 |
| 2021 | $3.0M | $2.5M | $1.1M | $219K | — | View 990 |
| 2020 | $2.1M | $2.2M | $1.4M | $989K | — | View 990 |
| 2019 | $2.1M | $2.1M | $1.2M | $297K | — | View 990 |
| 2018 | $1.5M | $1.8M | $1.1M | $195K | — | View 990 |
| 2017 | $1.7M | $1.6M | $1.3M | $180K | — | View 990 |
| 2016 | $1.7M | $1.6M | $1.2M | $197K | — | View 990 |
| 2015 | $2.0M | $1.5M | $1.2M | $199K | — | View 990 |
| 2014 | $1.6M | $1.4M | $560K | $111K | — | View 990 |
| 2013 | $1.4M | $1.2M | $324K | $87K | — | View 990 |
| 2012 | $1.1M | $1.0M | $175K | $122K | — | View 990 |
| 2011 | $1.0M | $1.0M | $146K | $127K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $2.8M, and assets of $1.8M (revenue +33.8% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.6M, and assets of $1.3M (revenue -18.5% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.5M, and assets of $1.1M (revenue +44.8% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.2M, and assets of $1.4M (revenue -0.2% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $1.2M (revenue +36.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.8M, and assets of $1.1M (revenue -12.2% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $1.3M (revenue +3.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue -15.3% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.5M, and assets of $1.2M (revenue +20.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $560K (revenue +16.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.2M, and assets of $324K (revenue +32.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $175K (revenue +5.1% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $146K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Legal Services Corporation Of Delaware:
Data Sources and Methodology
This transparency report for Legal Services Corporation Of Delaware is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.