Lawrence Extended Day Program Inc

Analysis

Lawrence Extended Day Program Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in March 1989, 37 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 August 2023, Lawrence Extended Day Program Inc reported income of $902k and spending of $648k, leaving 28% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $581k to $902k (+55%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 224%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lawrence Extended Day Program Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Alliance Child & Family Solutions ($902k), Good Spoon ($902k) and Meet the Needs Charleston ($902k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $103k (16% of expenses). Other salaries and wages came to $353k. At year end it held assets of $753k against liabilities of $133k, net assets of $620k. It reported 18 employees.