LGH Administrative Services Inc
Analysis
LGH Administrative Services Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in July 2014, 12 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 September 2023, LGH Administrative Services Inc reported income of $846k and spending of $1.4m, spending 162% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $237k to $846k (+257%), an average of +37% a year. The sharpest change came in the year to September 2022, when income rose by 118%. Over the whole period it spent 286% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, LGH Administrative Services Inc 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 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Rising Aviation High School Inc ($846k), Lincoln University Foundation of Pennsylvania ($846k) and Christ Life Academy ($846k).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $33.7m against liabilities of $28.2m, net assets of $5.4m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rising Aviation High School Inc | Plano | $846k |
| Lincoln University Foundation of Pennsylvania | Lincoln Univ | $846k |
| Christ Life Academy | Lawrenceburg | $846k |
| Tyburn Academy | Auburn | $846k |