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Massachusetts · Nonprofit

LATHROP COMMUNITY INC

LATHROP COMMUNITY INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $12,500 to it, the largest being KENDAL CHARITABLE FUNDS ($10,000). 0 of them have funded it in more than one year.

Revenue FY2025
$8.5M
Funders on record
2
Grants received
$13k
Net assets
$-25670557
0/2 repeat funderspeak grant-dependency 0%
01What it does

What Lathrop Community Inc does

Mission

To respond with respect and compassion to the changing needs of older adults in our communities.

As stated on its FY2025 Form 990.

Program

  1. Sales, maintenance of residential units and common areas, resale for residents, resident activities and support services.

    $6,886,773 spent$8,143,829 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $6,886,773.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.0M) Expenses 100 ($6.3M)2018 Revenue 113 ($5.7M) Expenses 107 ($6.7M)2019 Revenue 124 ($6.2M) Expenses 116 ($7.3M)2020 Revenue 123 ($6.1M) Expenses 119 ($7.5M)2021 Revenue 135 ($6.7M) Expenses 115 ($7.2M)2022 Revenue 151 ($7.5M) Expenses 122 ($7.7M)2023 Revenue 153 ($7.6M) Expenses 123 ($7.7M)2024 Revenue 162 ($8.1M) Expenses 129 ($8.1M)2025 Revenue 170 ($8.5M) Expenses 145 ($9.1M)
'17'18'19'20'21'22'23'24'25
Revenue (170)Expenses (145)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $21M to $24M (+13%).

$23M
$23M
$21M
$21M
$20M
$20M
$20M
$21M
$24M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 7%. Grants only. Government contracts and fees sit inside program revenue.

2% of LATHROP COMMUNITY INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.

−$1.3M
’17
−$1.1M
’18
−$1.1M
’19
−$1.4M
’20
−$527k
’21
−$115k
’22
−$98k
’23
−$26k
’24
−$625k
’25
7.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Patrick Arguin

CEO

Board chair

Larry Hunt

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2019 and FY2020, and between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed191919192021232019
Joined·+1+0+4+4+9+4+0+7
No longer listed·10438238
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
'25*
total
$10k
funders
1
1

From the IRS filings of LATHROP COMMUNITY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LATHROP COMMUNITY INC leans on a few funders — its largest provides 80% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LATHROP COMMUNITY INC.

80%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

LATHROP COMMUNITY INC draws 80% of its grant income from funders outside Massachusetts, across 2 states in all.

MA
DE

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LATHROP COMMUNITY INC is better cushioned than half of the 2,367 housing & shelter nonprofits its size.

Operating margin−7% · bottom quartile
Months of reserve7.0mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 2,367 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like LATHROP COMMUNITY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 24%Fundraising 0%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 1 related entity

  • The Kendal Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LATHROP COMMUNITY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LATHROP COMMUNITY INC?
LATHROP COMMUNITY INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $12,500 to it, the largest being KENDAL CHARITABLE FUNDS ($10,000). 0 of them have funded it in more than one year.
How many funders does LATHROP COMMUNITY INC have?
IRS filings report 2 organizations giving $12,500 in grants to LATHROP COMMUNITY INC.
Who is the largest funder of LATHROP COMMUNITY INC?
KENDAL CHARITABLE FUNDS is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like LATHROP COMMUNITY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lathrop →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing