Laurel Pregnancy Center Inc

Analysis

Laurel Pregnancy Center Inc is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in September 1989, 37 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 (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, Laurel Pregnancy Center Inc reported income of $361k and spending of $392k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $319k to $361k (+13%), an average of +4.2% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Laurel Pregnancy Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Fair Bluff Fire Department and Rescue Squad Inc ($361k), Columbus County Dream CNTR Inc ($361k) and Chandler Care Center Childrens Medical and Dental Clinic Inc ($361k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $46k (12% of expenses). Other salaries and wages came to $146k. At year end it held assets of $176k against liabilities of $21k, net assets of $155k. It reported 8 employees.

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.