Overview
What is Lazarus House Inc?
Lazarus House Inc, situated in Lawrence, Massachusetts, is a compassionate nonprofit organization that dedicatedly serves individuals and families struggling with poverty or homelessness in the surrounding area. Their primary mission is to alleviate suffering by offering shelter, nutritious meals, essential clothing, and educational resources. The organization's activities aim to empower these individuals by providing them with the necessary support to regain stability in their lives. With a team of 66 dedicated employees, Lazarus House Inc works tirelessly to open doors out of poverty, offering a beacon of hope and assurance in the Lawrence community.
Official website here: www.lazarushouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star Rating
Lazarus House Inc has achieved an impressive 99% rating, reflecting a strong commitment to accountability and sound financial management. The organization received a perfect score of 100 in Accountability & Finance, indicating robust oversight and transparency. With 95% of its board members being independent, it maintains a solid governance structure that enhances trustworthiness.
The nonprofit demonstrates exceptional program efficiency, with nearly 80% of its expenses dedicated to programs that directly impact its mission. Additionally, its fundraising efficiency is noteworthy, requiring only $0.09 to raise a dollar, which is indicative of effective resource management. The organization is focused on strategic goals such as expanding services, reducing hunger, and improving case management, showcasing its proactive approach to community needs.
However, while the scores for Culture & Community and Leadership & Adaptability are high, they account for a smaller portion of the overall rating. This suggests that while the organization excels in financial and programmatic aspects, it could further enhance its community engagement and leadership development initiatives to reflect the same level of excellence across all areas.
This AI summary has been generated from information found on Charity Navigator.
Is Lazarus House Inc legitimate?
Lazarus House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lazarus House Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,478,665
For more financial information, click here
Official website here: www.lazarushouse.org
What is the mission statement of Lazarus House Inc?
Lazarus House Inc's mission is centered around alleviating poverty and providing support to the homeless and impoverished. They achieve this by offering essential services such as shelter, food, clothing, and education. Their mission is to open doors out of poverty and improve the lives of those in need, aiming to empower individuals to regain self-sufficiency. The organization is committed to providing a comprehensive support system, offering resources and assistance to help people overcome the challenges of poverty.
Official website here: www.lazarushouse.org
What is the revenue of Lazarus House Inc?
Lazarus House Inc's revenue in 2024 was $7,581,053.
Official website here: www.lazarushouse.org
Who are the executives of Lazarus House Inc and what are their salaries?
The average compensation at Lazarus House Inc during 2024 was $36,981. There are 70 employees and 1000 volunteers at Lazarus House Inc.
Here are 18 key members and their salaries:
- Compensation: $110,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lazarushouse.org
Where can I find the form 990 for Lazarus House Inc?
Lazarus House Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lazarushouse.org
Learn more at the official website: www.lazarushouse.org
Mission Statement of Lazarus House Inc
Lazarus House Inc, a nonprofit organization, is dedicated to breaking the cycle of poverty by offering essential resources to individuals who are homeless or struggling financially. This mission is accomplished through the provision of shelter, nutritious meals, clothing, and educational opportunities in an undisclosed location. The organization's primary goal is to open doors out of poverty, offering support and a pathway to self-sufficiency for those in need. By providing a holistic approach, Lazarus House Inc aims to empower individuals to regain control of their lives and overcome the challenges that led them to seek assistance.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Lazarus House Inc plays a crucial role in opening doors out of poverty for individuals in the Lawrence, Massachusetts area. By providing essential services such as shelter, food, clothing, and education, this organization effectively supports the homeless and those facing economic hardship. Through their mission of offering comprehensive aid and support, Lazarus House Inc makes a tangible impact on the lives of individuals in need, helping them to break the cycle of poverty and rebuild their lives with dignity.
This information is meant to be a general summary of Lazarus House Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $360,873
- Gross Receipts: $7,602,687
Assets and Liabilities:
- Total Assets: $10,799,048
- Total Liabilities: $258,355
- Net Assets: $10,540,693
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1982
Principal Officer
Carmen Vega
Website
www.lazarushouse.orgNTEE Category
Code: L41Z - Housing
If you are a representative of Lazarus House Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.