Lynn Worker Center Inc

Analysis

Lynn Worker Center Inc is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lynn Worker Center Inc reported income of $66k and spending of $77k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $66k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lynn Worker Center Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include Trenton Diocesan Council St Vincent de Paul Society Inc ($66k), Suri Kops Keren Mishpachos Inc ($66k) and Crosswalk People Helpers ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,383 against liabilities of $0, net assets of $5,383.