International Institute of Greater Lawrence Inc

Analysis

International Institute of Greater Lawrence Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in September 1952, 74 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, International Institute of Greater Lawrence Inc reported income of $2.7m and spending of $2.5m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $2.7m (+140%), an average of +24% a year. The sharpest change came in the year to September 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Institute of Greater Lawrence Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Paws4people Inc ($2.7m), Vetsintech ($2.7m) and Adirondack North Country Association Inc ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $379k (15% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $634k, net assets of $1.2m. It reported 40 employees.