LCHC Support Corporation

Analysis

LCHC Support Corporation is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, LCHC Support Corporation reported income of $1.2m and spending of $943k, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.2m (+0.0%), an average of +0.0% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, LCHC Support Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Hero Healthcare Equipment Recycling Organization ($1.2m), Healthy Start Coalition of Jefferson Madison Taylor CNTS Inc ($1.2m) and Center for Modern Psychoanalytic Studies ($1.2m).

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 $23.7m against liabilities of $24.3m, net assets of -$590k.