American Law and Economics Association Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To promote academic research in the field of law and economics. The Association holds an annual meeting for its members and publishes an academic journal called the American Law and Economics Review which publishes articles submitted by its members.
- Income
- $155,456
- Spending
- $167,583
- Spent on programs
- 63%
- Reserves
- 25.9 months of spending
- Largest source of income
- fees for its services, 80%
- Employees
- 0
- Volunteers
- 15
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 82 out of 100. Higher than 63% of charities in its peer group (arts and culture, under $250k).
Reserves
35 of 35Spendable reserves would cover 25.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 8% of income.
Income trend
15 of 15Income rose 6% on the year before.
Spending floor
8 of 1563% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 48% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $86,585 spent. The Association held its 34th Annual Meeting at the University of Michigan School of Law on May 17-18 2924. Approximately 260 people attended and 209 papers were presented on various issues related to law and economics.
- $18,760 spent. The Association publishes an academic journal called the American Law and Economics Review known as the ALER. The Association typically publishes two issues a year Spring and Fall. The ALER is provided to our members as part of their yearly membership benefits. The publisher of the ALER is Oxford University Press and we publish academic articles submitted by our members. We also award two prizes every year each in the amount of $2,500 for the best theoretical and the best empirical paper published in the ALER during the preceding year.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1991.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.