L C Industries Inc

L C Industries Inc

DURHAM, NC, US
501(c)(3)
EIN
56-0686307

L C Industries Inc

DURHAM, NC, US
501(c)(3)
EIN
56-0686307

Overview

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Est.

1958

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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L C Industries Inc is a nonprofit organization dedicated to employing and teaching the visually impaired, with a focus on providing support through blind and visually impaired centers and shelter and residential care. With an operating budget of $340.9 million and total revenue of $359.2 million for the filing year 2024, the organization demonstrates significant financial scale and sustainability. L C Industries Inc does not rely on a 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.lcindustries.com.

Mission Statement

TO EMPLOY AND TEACH THE VISUALLY IMPAIRED.
Revenues

$359.2M

Expenses

$342.7M

Net Income:
+$16.5M
Assets

$237.3M

Liabilities

$40.9M

Net Assets:
+$196.5M
Operating Budget

$340.9M

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

1

Median grant size
$200K
Largest grant received
$200K
P
Patrick K Lindsey
Board Member
W
William Hudson
Board Member
R
Richard M Hutson
Board Member

Frequently Asked Questions

What is L C Industries Inc’s budget?
In 2024, L C Industries Inc reported an annual operating budget of around $340.9 million. More detailed financial information is available to registered users.
What causes does L C Industries Inc support?
L C Industries Inc supports work in Shelter and residential care and Blind & Visually Impaired Centers.
Where does L C Industries Inc operate?
L C Industries Inc is headquartered in DURHAM, NC.
Who funded L C Industries Inc recently?
In 2023, L C Industries Inc received grants from L C INDUSTRIES FOUNDATION, L C INDUSTRIES FOUNDATION, and L C INDUSTRIES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant L C Industries Inc received in 2023?
The largest grant to L C Industries Inc in 2023 exceeds $200 thousand.
Overview
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