Public Utility Law Project Of New York Inc
Public Utility Law Project Of New York Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 141634870 · Albany, NY · NTEE: W80Z · Updated: 2026-03-28
Is Public Utility Law Project Of New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Public Utility Law Project Of New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Public Utility Law Project Of New York Inc
Public Utility Law Project Of New York Inc (EIN: 141634870) is a nonprofit organization based in Albany, NY, classified under NTEE code W80Z. The organization reported total revenue of $2.1M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Public Utility Law Project Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Public Utility Law Project Of New York Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Public Utility Law Project Of New York Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $1 million in annual expenses. This suggests either a volunteer executive leadership, compensation structured in a way not reported as 'officer compensation' on the 990, or extremely low executive pay relative to the organization's scale.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Public Utility Law Project Of New York Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could obscure full compensation details if not volunteer-led.
Strengths
The following positive indicators were identified for Public Utility Law Project Of New York Inc:
- Consistent revenue growth, increasing from $764,879 in 2019 to $1,369,571 in 2023.
- Strong asset accumulation, growing from $637,543 in 2019 to $1,585,743 in 2023, indicating financial health and capacity.
- Expenses consistently below revenue, demonstrating prudent financial management and the ability to build reserves.
- Regular and consistent IRS 990 filings over 13 periods, indicating good transparency practices.
Frequently Asked Questions about Public Utility Law Project Of New York Inc
Is Public Utility Law Project Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Public Utility Law Project Of New York Inc (EIN: 141634870) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Public Utility Law Project Of New York Inc spend its money?
Public Utility Law Project Of New York Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Public Utility Law Project Of New York Inc tax-deductible?
Public Utility Law Project Of New York Inc is registered as a tax-exempt nonprofit (EIN: 141634870). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Public Utility Law Project Of New York Inc a good charity?
Based on the provided financial data, PULP appears to be a well-managed and financially healthy organization with consistent growth and a strong focus on its mission, as evidenced by its revenue exceeding expenses and significant asset growth. The absence of reported officer compensation is a unique characteristic that could indicate high efficiency or warrant further investigation into full compensation structures.
How does PULP manage its executive compensation?
The IRS 990 filings consistently report 0% officer compensation. This is highly unusual for an organization with over $1 million in annual expenses and suggests that executive leadership may be volunteer-based, compensated through other means not categorized as 'officer compensation' on the 990, or that the organization operates with extremely low executive pay.
What is the trend in PULP's financial stability?
PULP demonstrates a strong upward trend in financial stability. Revenue has consistently exceeded expenses, leading to significant asset growth from $168,534 in 2018 to $1,585,743 in 2023. This indicates robust financial management and a healthy capacity to build reserves.
Filing History
IRS 990 filing history for Public Utility Law Project Of New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Public Utility Law Project Of New York Inc's revenue has grown by 135635.5%, moving from $1K to $1.4M. Total assets increased by 112284.3% over the same period, from $1K to $1.6M. Total functional expenses rose by 5236%, from $22K to $1.2M. In its most recent filing year (2023), Public Utility Law Project Of New York Inc reported a surplus of $180K, with revenue exceeding expenses. The organization holds $307K in liabilities against $1.6M in assets (debt-to-asset ratio: 19.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.2M | $1.6M | $307K | — | — |
| 2022 | $1.4M | $1.1M | $1.4M | $258K | — | View 990 |
| 2021 | $1.3M | $916K | $1.2M | $424K | — | View 990 |
| 2020 | $1.1M | $808K | $829K | $393K | — | View 990 |
| 2019 | $765K | $732K | $638K | $482K | — | View 990 |
| 2018 | $747K | $632K | $169K | $45K | — | View 990 |
| 2017 | $586K | $603K | $370K | $362K | — | View 990 |
| 2016 | $777K | $753K | $254K | $229K | — | View 990 |
| 2015 | $1.0M | $580K | $156K | $155K | — | View 990 |
| 2014 | $419K | $417K | $160K | $160K | — | View 990 |
| 2013 | $413K | $376K | $150K | $152K | — | View 990 |
| 2012 | $222K | $221K | $264K | $303K | — | View 990 |
| 2011 | $1K | $22K | $1K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.2M, and assets of $1.6M (revenue -2.7% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.1M, and assets of $1.4M (revenue +10.9% year-over-year).
- 2021: Revenue of $1.3M, expenses of $916K, and assets of $1.2M (revenue +16.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $808K, and assets of $829K (revenue +42.4% year-over-year).
- 2019: Revenue of $765K, expenses of $732K, and assets of $638K (revenue +2.4% year-over-year).
- 2018: Revenue of $747K, expenses of $632K, and assets of $169K (revenue +27.5% year-over-year).
- 2017: Revenue of $586K, expenses of $603K, and assets of $370K (revenue -24.6% year-over-year).
- 2016: Revenue of $777K, expenses of $753K, and assets of $254K (revenue -24.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $580K, and assets of $156K (revenue +146.0% year-over-year).
- 2014: Revenue of $419K, expenses of $417K, and assets of $160K (revenue +1.6% year-over-year).
- 2013: Revenue of $413K, expenses of $376K, and assets of $150K (revenue +86.1% year-over-year).
- 2012: Revenue of $222K, expenses of $221K, and assets of $264K (revenue +21880.0% year-over-year).
- 2011: Revenue of $1K, expenses of $22K, and assets of $1K.
Data Sources and Methodology
This transparency report for Public Utility Law Project Of New York Inc 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.