LAWRENCE COMMUNITY WORKS INC

LAWRENCE, MA, 01841-3910 (978) 685-3115 Est. 1986 EIN 04-2982308
990 - Public charity return 501(c)(3)
www.lawrencecommunityworks.org

Mission

LAWRENCE COMMUNITYWORKS (LCW) IS A COMMUNITY DEVELOPMENT CORPORATION THAT WEAVES TOGETHER COMMUNITY PLANNING, ORGANIZING, AND ASSET-BUILDING EFFORTS WITH HIGH-QUALITY AFFORDABLE HOUSING AND COMMERCIAL DEVELOPMENT TO CREATE VIBRANT NEIGHBORHOODS AND EMPOWERED RESIDENTS. BY FACILITATING CONVERSATIONS AND ACTION ON COMMUNITY PRIORITIES, LCW ENGAGES PARTNERS AND A NETWORK OF YOUTH AND ADULT RESIDENTS IN OPPORTUNITIES TO MOVE THEMSELVES AND THIS CITY FORWARD.

Giving Portfolio

Total Grants
13
Total Giving
$492K
Recipients
13
Years Active
2018 - 2024
Avg grant: $63,760 Median: $45,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$155K $155K01
20231$90K $90K01
20221$25K $25K01
20204$146K $37K31
20186$77K $13K60

Sectors Funded

Community Improvement
5
Housing & Shelter
2
Health Care
1

Top States

Massachusetts
13

Grantee Size Profile

$1M - $5M
4
$5M - $10M
2
Over $50M
2
$100K - $500K
1

Top Grantees

$315K
LAWRENCE PUBLIC SCHOOLS
MA - 2 grants
$14K
NORTHERN ESSEX COMMUNITY COLLEGE
MA
$6K
CITY OF LAWRENCE
MA
$2K

Grants Awarded · 12 grants

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Financials

Total Revenue
$8,517,291
Total Expenses
$6,021,079
Net Assets
$20,669,434
69 employees 15 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
3.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 17.4%
Expenses ↓ 14.8%
Revenue Sources
Contributions 74.4% Earned revenue 19.9% Investment 2.1% Other 4.0%
Expense Breakdown
Program 81.5% Management 14.7% Fundraising 3.7%

Officers & Trustees (17)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$8,517,291 ↑$6,021,079$20,669,434
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$7,255,778 ↑$7,066,105$24,904,250
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$5,502,284 ↑$4,842,767$18,627,490
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$4,310,094 ↓$7,585,305$11,245,156
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$4,834,108 $4,493,414$17,232,497

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EIN: 04-2982308 · Source: IRS Form 990 e-file data