Lawrence And Memorial Corporation
New London, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $874,078↓63% | $31,052↓13% | $84,169,733↑4% | — |
| 2022 | $2,371,959↓6% | $35,876↓97% | $81,295,107↓7% | — |
| 2021 | $2,522,058↑61% | $1,025,702↑827% | $87,308,059↑1% | — |
| 2020 | $1,562,088↓2% | $110,688↑140% | $86,378,513↑2% | — |
| 2019 | $1,597,523↓62% | $46,164↓51% | $84,569,929↓2% | — |
| 2018 | $4,207,667↓51% | $94,498↓78% | $85,943,180↑6% | — |
| 2017 | $8,524,519↑232% | $431,351↓66% | $80,865,404↑16% | — |
| 2016 | $2,564,117↓65% | $1,279,473↓37% | $69,501,772↑6% | — |
| 2015 | $7,246,940↑113% | $2,015,386↑218% | $65,797,684↓6% | — |
| 2014 | $3,406,976↓7% | $633,971↓82% | $69,741,384↑6% | — |
| 2013 | $3,657,714↓26% | $3,443,264↑15% | $65,995,392↓7% | — |
| 2012 | $4,910,170↓32% | $2,991,470↑535% | $70,674,947↑11% | — |
| 2011 | $7,269,581 | $471,267 | $63,871,178 | — |
Frequently Asked Questions
What does Lawrence And Memorial Corporation do?▼
Lawrence And Memorial Corporation is a health care nonprofit organization based in Connecticut. It is classified under NTEE code E120 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lawrence And Memorial Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Lawrence And Memorial Corporation has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lawrence And Memorial Corporation generate?▼
Lawrence And Memorial Corporation reports $4.5M in annual revenue and holds $86.8M in total assets, based on IRS filings.
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