Alice E Sias Trust Uw T-15172 Fbo Lahey Clinic Foundation

Analysis

Alice E Sias Trust Uw T-15172 Fbo Lahey Clinic Foundation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1979, 47 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alice E Sias Trust Uw T-15172 Fbo Lahey Clinic Foundation reported income of $393k and spending of $382k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $393k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 455%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alice E Sias Trust Uw T-15172 Fbo Lahey Clinic Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include 2040 Foundation Inc ($393k), Sport Innovators ($393k) and Building on Love Inc ($393k).

Compensation of current officers, directors and key employees was $43k (11% of expenses). At year end it held assets of $6.8m against liabilities of $0, net assets of $6.8m.