Lucretia Philanthropic Foundation Inc
Lucretia Philanthropic Foundation Inc shows strong asset growth and minimal liabilities, with no reported officer compensation.
EIN: 203964837 · Woburn, MA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.2M |
| Total Expenses | $4.0M |
| Program Spending | 85% |
| Net Assets | $54.1M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Lucretia Philanthropic Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Lucretia Philanthropic Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Lucretia Philanthropic Foundation Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $11.7M and expenses of $4.0M.
Revenue and Expenses
Lucretia Philanthropic Foundation Inc reported $11.7M in revenue and $4.0M in expenses, a surplus of $7.7M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
90/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Lucretia Philanthropic Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3.4M (85%) |
Across stored filings, Lucretia Philanthropic Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Lucretia Philanthropic Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lucretia Philanthropic Foundation Inc
Lucretia Philanthropic Foundation Inc (EIN: 203964837) is a nonprofit organization based in Woburn, MA, classified under NTEE code T20. The organization reported total revenue of $28.2M and total assets of $57.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lucretia Philanthropic Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lucretia Philanthropic Foundation Inc is a large nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 32.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.7M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$7.7M |
| Total Assets | $54.1M |
| Total Liabilities | $1 |
| Net Assets | $54.1M |
| Operating Margin | 65.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 161.2 months |
Financial Health Grade: A
In 2023, Lucretia Philanthropic Foundation Inc reported a surplus of $7.7M with revenue exceeding expenses, holds 161.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Lucretia Philanthropic Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3078.1% | +23.6% | +16.7% |
| 2022 | -96.6% | -9.1% | -5.7% |
| 2021 | +18.5% | +2.9% | +17.1% |
| 2020 | +22.8% | -0.2% | +11.3% |
| 2019 | +100.3% | +89.2% | +62.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lucretia Philanthropic Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lucretia Philanthropic Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a fully volunteer-led executive team or that compensation is covered by an affiliated entity not reflected in these specific filings. This suggests a highly efficient use of funds, as no direct organizational revenue is allocated to officer salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lucretia Philanthropic Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $369,166 in 202212 vs. $28,229,710 latest revenue) could indicate unpredictable funding streams.
Strengths
The following positive indicators were identified for Lucretia Philanthropic Foundation Inc:
- Consistent and substantial asset growth, from $15.6M in 2011 to $57.9M currently.
- Extremely low liabilities ($1 in most years) indicating strong financial health and minimal debt.
- 0% reported officer compensation across all filings, suggesting highly efficient use of funds.
- Expenses consistently well below revenue in most years, demonstrating fiscal prudence (e.g., 202312: $11.7M revenue vs. $4.0M expenses).
Frequently Asked Questions about Lucretia Philanthropic Foundation Inc
Is Lucretia Philanthropic Foundation Inc a legitimate charity?
Lucretia Philanthropic Foundation Inc (EIN: 203964837) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $28.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Lucretia Philanthropic Foundation Inc spend its money?
Lucretia Philanthropic Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lucretia Philanthropic Foundation Inc tax-deductible?
Lucretia Philanthropic Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203964837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lucretia Philanthropic Foundation Inc's spending goes to programs?
Lucretia Philanthropic Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lucretia Philanthropic Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lucretia Philanthropic Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lucretia Philanthropic Foundation Inc located?
Lucretia Philanthropic Foundation Inc is headquartered in Woburn, Massachusetts and files with the IRS under EIN 203964837. It is classified under NTEE code T20.
How many years of IRS 990 filings does Lucretia Philanthropic Foundation Inc have?
Lucretia Philanthropic Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $28.2M in total revenue.
How does Lucretia Philanthropic Foundation Inc manage its significant revenue fluctuations?
The foundation appears to manage revenue fluctuations by maintaining expenses significantly below revenue in most years, allowing for substantial asset growth. For example, in 202312, revenue was $11,732,396 while expenses were $4,024,802, creating a large surplus.
What is the reason for the 0% officer compensation reported?
The consistent 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based or compensated through an external entity, which is a strong indicator of fiscal efficiency and dedication to the mission.
What is the foundation's strategy for asset growth?
The foundation consistently generates more revenue than expenses, leading to significant surpluses that contribute to asset growth. Assets have grown from $15,604,257 in 201112 to $57,931,495 in the latest period, demonstrating a clear strategy of reinvestment or accumulation.
Filing History
IRS 990 filing history for Lucretia Philanthropic Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lucretia Philanthropic Foundation Inc's revenue has grown by 2746.9%, moving from $412K to $11.7M. Total assets increased by 246.4% over the same period, from $15.6M to $54.1M. Total functional expenses rose by 324.2%, from $949K to $4.0M. In its most recent filing year (2023), Lucretia Philanthropic Foundation Inc reported a surplus of $7.7M, with revenue exceeding expenses. The organization holds $1 in liabilities against $54.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $54.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.7M | $4.0M | $54.1M | $1 | — | — |
| 2022 | $369K | $3.3M | $46.3M | $1 | — | View 990 |
| 2021 | $10.8M | $3.6M | $49.1M | $1 | — | View 990 |
| 2020 | $9.1M | $3.5M | $41.9M | $1 | — | View 990 |
| 2019 | $7.4M | $3.5M | $37.7M | $1.6M | — | — |
| 2015 | $3.7M | $1.8M | $23.3M | $1 | — | View 990 |
| 2014 | $5.9M | $1.6M | $21.4M | $1 | — | View 990 |
| 2013 | $5.2M | $1.4M | $19.8M | $1 | — | View 990 |
| 2012 | $1.3M | $955K | $15.9M | $1 | — | View 990 |
| 2011 | $412K | $949K | $15.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.7M, expenses of $4.0M, and assets of $54.1M (revenue +3078.1% year-over-year).
- 2022: Revenue of $369K, expenses of $3.3M, and assets of $46.3M (revenue -96.6% year-over-year).
- 2021: Revenue of $10.8M, expenses of $3.6M, and assets of $49.1M (revenue +18.5% year-over-year).
- 2020: Revenue of $9.1M, expenses of $3.5M, and assets of $41.9M (revenue +22.8% year-over-year).
- 2019: Revenue of $7.4M, expenses of $3.5M, and assets of $37.7M (revenue +100.3% year-over-year).
- 2015: Revenue of $3.7M, expenses of $1.8M, and assets of $23.3M (revenue -37.4% year-over-year).
- 2014: Revenue of $5.9M, expenses of $1.6M, and assets of $21.4M (revenue +13.0% year-over-year).
- 2013: Revenue of $5.2M, expenses of $1.4M, and assets of $19.8M (revenue +315.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $955K, and assets of $15.9M (revenue +204.7% year-over-year).
- 2011: Revenue of $412K, expenses of $949K, and assets of $15.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lucretia Philanthropic Foundation Inc:
Data Sources and Methodology
This transparency report for Lucretia Philanthropic Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.