Greater Lawrence Community Action Council Inc

Analysis

Greater Lawrence Community Action Council Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in February 1970, 56 years ago. 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, Greater Lawrence Community Action Council Inc reported income of $44.0m and spending of $42.4m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $34.3m to $44.0m (+28%), an average of +6.4% a year. The sharpest change came in the year to September 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Lawrence Community Action Council Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Hospice of Wake County Inc ($44.0m), Anderson Center Services Inc ($44.1m) and Bronson South Haven Hospital ($43.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $593k (1.4% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $20.3m against liabilities of $11.0m, net assets of $9.3m. It reported 357 employees.