The Longwood Collective Inc

Analysis

The Longwood Collective Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Longwood Collective Inc reported income of $36.0m and spending of $30.5m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.7m to $36.0m (+18%), an average of +4.1% a year. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Longwood Collective Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Jefferson Community Health Center Inc ($36.0m), Downtown Bronx Medical Associates PC ($36.1m) and Operation Par Inc ($36.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $954k (3.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $162.8m against liabilities of $82.3m, net assets of $80.6m. It reported 22 employees.