LAB CENTRAL INC
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LAB CENTRAL INC is a nonprofit organization dedicated to community and economic development and animal welfare, operating primarily within the Kendall Square Innovation Hub. With an operating budget of $24.5 million and total revenue of $27.3 million for the 2024 filing year, LAB CENTRAL supports the creation of innovative startup biotechnology companies by providing entrepreneurs with a world-class environment and fully functional life sciences laboratory. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base to sustain its mission. For more information, visit their website at http://labcentral.org/.
Mission Statement
LAB CENTRAL SUPPORTS CREATION OF INNOVATIVE STARTUP BIOTECHNOLOGY COMPANIES BY PROVIDING A WORLD-CLASS ENVIRONMENT FOR ENTREPRENUERS, AND A FULLY FUNCTIONAL LIFE SCIENCES LABORATORY WITHIN THE KENDALL SQUARE INNOVATION HUB.
Cause Areas
2
Animal welfare
Community and economic development
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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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Frequently Asked Questions
What is LAB CENTRAL INC’s budget?
In 2024, LAB CENTRAL INC reported an annual operating budget of around $24.5 million. More detailed financial information is available to registered users.
What causes does LAB CENTRAL INC support?
LAB CENTRAL INC supports work in Animal welfare and Community and economic development.
Where does LAB CENTRAL INC operate?
LAB CENTRAL INC is headquartered in Cambridge, MA.
Who funded LAB CENTRAL INC recently?
In 2024, LAB CENTRAL INC received grants from METAVIVOR RESEARCH AND SUPPORT INC, THE AMERICAN CITY COALITION INC, and FIDELITY NON-PROFIT MANAGEMENT FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LAB CENTRAL INC received in 2024?
The largest grant to LAB CENTRAL INC in 2024 exceeds $450 thousand.
What is LAB CENTRAL INC’s reliance on government grants?
LAB CENTRAL INC relied on government grants for less than 5% of their total revenue in 2024.