Mary and Alexander Laughlin Childrens Center

Analysis

Mary and Alexander Laughlin Childrens Center is a registered charity in United States, based in Sewickley, PA. It received its IRS tax-exemption ruling in May 1938, 88 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Mary and Alexander Laughlin Childrens Center reported income of $2.6m and spending of $2.4m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $2.6m (+83%), an average of +16% a year. The sharpest change came in the year to August 2021, when income rose by 176%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mary and Alexander Laughlin Childrens Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include National Sleep Foundation ($2.6m), Thrive Irc Inc ($2.6m) and All Blessings Flow Inc ($2.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $167k (7.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $11.9m against liabilities of $179k, net assets of $11.7m. It reported 52 employees.