Fhi Lawrence Andover Inc

Analysis

Fhi Lawrence Andover Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Fhi Lawrence Andover Inc reported income of $236k and spending of $192k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $235k to $236k (+0.3%), an average of +0.1% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fhi Lawrence Andover Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Valley Housing Fund ($236k), Eastmont Court Inc ($236k) and Puentes New Orleans Incorporated ($236k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $33k. At year end it held assets of $522k against liabilities of $814k, net assets of -$291k.