Pregnancy Resource Center of Lapeer

Analysis

Pregnancy Resource Center of Lapeer is a registered charity in United States, based in Lapeer, MI. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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 December 2023, Pregnancy Resource Center of Lapeer reported income of $267k and spending of $177k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $204k to $267k (+31%), an average of +9.3% a year. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pregnancy Resource Center of Lapeer sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Academy of Human Resource Development Inc ($267k), Virginia Congress of Parents and Teachers ($267k) and Habitat for Humanity International Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $34k (19% of expenses). Other salaries and wages came to $51k. At year end it held assets of $641k against liabilities of $1,904, net assets of $639k. It reported 7 employees.