Overview

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Est.

1912

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Lawrence Memorial Hospital Inc, identified by EIN 06-0646704, is a nonprofit organization dedicated to improving health in its region by providing comprehensive healthcare services. With an operating budget of $493 million and total revenue of $501.4 million for the 2024 filing year, it demonstrates significant financial scale. The organization does not rely on any single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at www.lmhospital.org.

Mission Statement

TO IMPROVE THE HEALTH OF THE REGION AND TO PROVIDE HEALTHCARE SERVICES.
Revenues
$501.4M
Expenses
$493.3M
Net Income:
+$8.2M
Assets
$427M
Liabilities
$130.4M
Net Assets:
+$296.6M
Operating Budget
$493M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
29
Median grant size
$15K
Largest grant received
$1M
R
Richard Lisitano
Board Member
D
Daniel Gaccione
Board Member
T
Todd Blue
Board Member

Frequently Asked Questions

What is LAWRENCE MEMORIAL HOSPITAL INC’s budget?
In 2024, LAWRENCE MEMORIAL HOSPITAL INC reported an annual operating budget of around $493 million. More detailed financial information is available to registered users.
What causes does LAWRENCE MEMORIAL HOSPITAL INC support?
LAWRENCE MEMORIAL HOSPITAL INC supports work in Hospital care.
Where does LAWRENCE MEMORIAL HOSPITAL INC operate?
LAWRENCE MEMORIAL HOSPITAL INC is headquartered in New London, CT.
Who funded LAWRENCE MEMORIAL HOSPITAL INC recently?
In 2025, LAWRENCE MEMORIAL HOSPITAL INC received grants from GARDINER FAMILY FOUNDATION INC, VANGUARD CHARITABLE ENDOWMENT PROGRAM, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant LAWRENCE MEMORIAL HOSPITAL INC received in 2024?
The largest grant to LAWRENCE MEMORIAL HOSPITAL INC in 2024 exceeds $1 million.
What is LAWRENCE MEMORIAL HOSPITAL INC’s reliance on government grants?
LAWRENCE MEMORIAL HOSPITAL INC relied on government grants for less than 5% of their total revenue in 2024.