S L I McLaughlin House Inc

Analysis

S L I McLaughlin House Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in September 1999, 27 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 March 2024, S L I McLaughlin House Inc reported income of $233k and spending of $221k, spending 95% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $168k to $233k (+38%), an average of +8.4% a year. The sharpest change came in the year to March 2023, when income rose by 24%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, S L I McLaughlin House Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Network Angels Inc ($233k), Love Cradle USA Inc ($233k) and Reconciliation Place ($233k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 81% and program service revenue 15% of the total. At year end it held assets of $653k against liabilities of $836k, net assets of -$183k.