Lasell Inc

Analysis

Lasell Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lasell Inc reported income of $64k and spending of $64k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $14k to $64k (+352%), an average of +352% a year. The sharpest change came in the year to June 2023, when income rose by 352%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lasell Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Hecho Project Inc ($64k), Bridging the Gaps Dyslexia Center ($64k) and Pike Performing Arts Boosters Association Inc ($64k).

At year end it held assets of $1 against liabilities of $0, net assets of $1.