Lowell General Hospital Auxiliary

Analysis

Lowell General Hospital Auxiliary is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in January 1955, 71 years ago. 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 March 2024, Lowell General Hospital Auxiliary reported income of $55k and spending of $25k, leaving 54% of income unspent that year. Across the 4 years on record, from March 2019 to March 2024, income fell from $332k to $55k (-83%), an average of -45% a year. The sharpest change came in the year to March 2023, when income dropped by 86%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lowell General Hospital Auxiliary sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include San Diego and Imperial Counties School Administrators Foundation ($55k), Palo Verde Valley Senior Citizens - Non Profit Corporation ($55k) and PTA Delaware Congress ($55k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.