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Massachusetts · Public charity

Lab Central Inc

Lab central supports creation of innovative startup biotechnology companies by providing a world-class environment for entreprenuers, and a fully functional life science laboratory within the kendall square innovation hub.

$78k
Granted FY2024(still arriving)
6
Grants FY2024
8
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$13,000
Largest grant, FY2024
$13,000
Organizations funded a year
4 to 10
FY2020 to FY2023
States reached, FY2024
1
Total assets, FY2024
$111M

How open it is to new grantees

In FY2023, 100% of the organizations Lab Central Inc funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $80k went to new ones.

50%100%’22’23
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving6$78k100%
FY20238$80k100%
FY20224$60k100%
FY202010$185kn/a
71% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Health$79kScience & Tech$79kEducation$55kEmployment$40kCommunity Improvement$40kHousing & Shelter$15kFood & Nutrition$10kOther$0

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Jewish Vocational Service Inc$40,00010%
Third Sector New England Inc$40,00010%
Massachusetts Biotechnology Education Foundation Inc$40,00012%
Gloucester Marine Genomics Institute Incorporated$15,00011%
Just-A-Start Corporation$15,00010%
Phagepro Pbc$13,0001n/a
Coagulo Medical Technologies Inc$13,0001n/a
Neoclease Inc$13,0001n/a
Joseph Beyen Dba Nanoplex$13,0001n/a
Interon Laboratories Inc$13,0001n/a
Show all 15 grantees
All grantees of Lab Central Inc by total granted
GranteeTotal grantedYearsShare of their budget
Jewish Vocational Service Inc$40,00010%
Third Sector New England Inc$40,00010%
Massachusetts Biotechnology Education Foundation Inc$40,00012%
Gloucester Marine Genomics Institute Incorporated$15,00011%
Just-A-Start Corporation$15,00010%
Phagepro Pbc$13,0001n/a
Coagulo Medical Technologies Inc$13,0001n/a
Neoclease Inc$13,0001n/a
Joseph Beyen Dba Nanoplex$13,0001n/a
Interon Laboratories Inc$13,0001n/a
Lybra Bio$13,0001n/a
Health Resources in Action Inc$10,00010%
Tutoring Plus of Cambridge Inc$10,00012%
Life Science Cares Inc$5,00010%
Biobuilder Educational Foundation$5,00013%

Plus 13 recipients with no EIN on record ($145k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Lab Central Inc supplied at peak.

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetJewish Vocational Service Inc: $40,000 over 1y, 0.2% of budgetThird Sector New England Inc: $40,000 over 1y, 0.1% of budgetMassachusetts Biotechnology Education Foundation Inc: $40,000 over 1y, 2.1% of budgetGloucester Marine Genomics Institute Incorporated: $15,000 over 1y, 0.7% of budgetJust-A-Start Corporation: $15,000 over 1y, 0.3% of budgetHealth Resources in Action Inc: $10,000 over 1y, 0.1% of budgetTutoring Plus of Cambridge Inc: $10,000 over 1y, 2.4% of budgetLife Science Cares Inc: $5,000 over 1y, 0.1% of budgetBiobuilder Educational Foundation: $5,000 over 1y, 3.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 9.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Fidelity Non-Profit Management FoundationMA15.7× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Non-Profit Management Foundation · Cummings Foundation Grants Inc (Fka Oneworld Boston Inc) · Eastern Bank Foundation · Boston Foundation Inc · The Blackbaud Giving Fund · Charities Aid Foundation America · Morgan Stanley Global Impact Funding Trust Inc · American Online Giving Foundation Inc · National Philanthropic Trust · Vanguard Charitable Endowment Program · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Lab Central Inc with peer funders

About Lab Central Inc

How much does Lab Central Inc give?
Lab Central Inc reported 6 grants totaling $78,000 in its FY2024 IRS filing. It funded between 4 and 10 organizations a year over FY2020 to FY2023.
What does Lab Central Inc fund?
By grant dollars over FY2020 to FY2024, its largest causes are Health (20%), Science & Tech (20%), Education (14%).
Who are Lab Central Inc's largest grantees?
By total granted over FY2020 to FY2024: Jewish Vocational Service Inc ($40k), Third Sector New England Inc ($40k), Massachusetts Biotechnology Education Foundation Inc ($40k).
Does Lab Central Inc fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Lab Central Inc?
Its strongest co-funders, measured against what their size predicts, include Fidelity Non-Profit Management Foundation, Cummings Foundation Grants Inc (Fka Oneworld Boston Inc), Eastern Bank Foundation.
Where is Lab Central Inc based?
Lab Central Inc is based in MA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 28 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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