CSCharityScored
42

Lawrence Economic Development Corporation

Other · South Point, Ohio

216 Collins Ave, South Point, OH 45680-8501

EIN: 311075744· Founded: Jun 1987· 39 years active· Filing Year: 2023

Annual Revenue

$5.3M

Total Expenses

$5.1M

Total Assets

$65.0M

Program Spending

6%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$533K

10.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$613K

Total Payroll

$1.1M

22% of total expenses

Where the Money Goes

6%
Programs: 6%
Payroll: 22%
Other overhead: 94%
Program Revenue$309K (6%)
Total Expenses$5.1M (97%)
Payroll$1.1M (22%)
Overhead (non-program)94%

Trust Score Breakdown

Program Spending Ratio

6% of expenses go to programs

40%

Revenue & Stability

$5.3M annual revenue

15%

Executive Compensation

$533K total officer comp (10.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$65.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.