Lawrence Ltd

Analysis

Lawrence Ltd is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lawrence Ltd reported income of $461k and spending of $459k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $398k to $461k (+16%), an average of +5.0% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lawrence Ltd sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Tennessee Out-Reach Center for Homeless ($461k), Yampa Valley Autism Program ($461k) and True Connections Community Programs ($461k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $97k (21% of expenses). Other salaries and wages came to $239k. At year end it held assets of $2.7m against liabilities of $2.4m, net assets of $359k. It reported 5 employees.