Greater Lowell Technical High School Charitable Foundation Inc

Analysis

Greater Lowell Technical High School Charitable Foundation Inc is a registered charity in United States, based in Tyngsboro, MA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Greater Lowell Technical High School Charitable Foundation Inc reported income of $156k and spending of $103k, leaving 34% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $45k to $156k (+249%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 102%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Lowell Technical High School Charitable Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Pocatello Chubbuck Chamber Foundation Inc ($156k), Maria Pew Family Foundation ($156k) and School-Business Educational Consortium Inc ($156k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.1m against liabilities of $38k, net assets of $1.0m.