Terralex Inc
Public records raise at least one point you should look into before giving.
What it says it does
See Schedule OTo help member firms serve their clients' legal needs and business interests by providing meetings, educational sessions, and electronic communications in order to share information on developments and applications of the law, by developing close working relationships within a worldwide network of quality law firms that meet high professional standards.
- Income
- $3.8 million
- Spending
- $4.0 million
- Employees
- 9
- Volunteers
- 0
- Highest pay
- $379,001, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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 (3)
- Meetings: TerraLex hosts global and regional meetings for members. These meetings include educational programs; updates by leading experts; member collaboration sessions; Board meetings; and other member opportunities.Webinars: TerraLex produces webinars to promote the thought leadership of its members to the client community, to aid members in making connections and generating new business.
- Website and Technology: TerraLex maintains and regularly updates and develops a website and member intranet (TLC) to provide updated information and opportunities for members to virtually connect and collaborate.
- Publications: TerraLex provides a variety of publications to inform, educate, and update its members, including a weekly email newsletter ("TerraLex Spotlight"), an annual report, newsletters, and other communications.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.