Overview

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Est.

1958

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

L C Industries Inc is a nonprofit focused on Blind & Visually Impaired Centers and shelter and residential care, with a mission to employ and teach the visually impaired. In filing year 2025, it reported an operating budget of $380.1M and total revenue of $408.1M, with top funders including L C Industries Foundation and University of Southern California; no single funder accounted for 50% or more of the organization’s revenue based on the funding listed.

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Mission Statement

TO EMPLOY AND TEACH THE VISUALLY IMPAIRED.

Cause Areas

2
Shelter and residential care
Blind & Visually Impaired Centers

Board & Team

P
Patrick K Lindsey
Board Member
W
William Hudson
Board Member
R
Richard M Hutson
Board Member

Financials

2024
Revenues
$359.2M
Expenses
$342.7M
Net Income:
+$16.5M
Assets
$237.3M
Liabilities
$40.9M
Net Assets:
+$196.5M

Financial Trends

2024
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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Top Funders

Funder
Total Funding
Funding Share
L C INDUSTRIES FOUNDATION
Durham, NC, US
$2.6M
17%
Logo for "University of Southern California"
University of Southern California
Los Angeles, CA, US
$169.1K
< 1%

Grants Received

2024
Total No. of Grants
1
Median grant size
$169.1K
Largest grant received
$169.1K
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  • 2 funders
  • 45 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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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 2024, L C Industries Inc received grants from University of Southern California, 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 2024?
The largest grant to L C Industries Inc in 2024 exceeds $169 thousand.