Mission
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.
Public Charity
LAB CENTRAL INC
LAB CENTRAL INC is a nonprofit organization categorized as Public Charity based in CAMBRIDGE, MA. Its most recent IRS filing (2024) reports revenue of $27.3M, expenses of $24.5M, total assets of $110.7M. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $1.1M.
EIN: 461031913
CAMBRIDGE, MA
Management & Technical Assistance
NTEE: U02
Latest filing: 2024
Total Revenue$27.3M
Total Expenses$24.5M
Total Assets$110.7M
Grant Records6
Funding Total$1.1M
Filing Years2019–2024
Where $100 goes at Lab Central Inc
How Lab Central Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$87
Programs
the work itself
$13
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $87 for programs
$87
Help create the next generation of biotech companies by providing entreprenuers and innovative life sciences startups with the space and resources needed to test out, challenge, and nurture…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
RESEARCH
$450,000
LIFE SCIENCE CAREER AWARENESS
$200,000
T1D RESEARCH
$200,000
PROGRAM DEVELOPMENT/EVALUATION
$235,000
Operating Support/Annual Fund
$10,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
SENIOR DIRECTOR, IGNITE VC
Beth Mckeon
VICE PRESIDENT, SCIENCE STRATEGY
Celina Chang
PRESIDENT AND CO-FOUNDER
Johannes Fruehauf
DIRECTOR
John Harthorne
DIRECTOR
Jo Viney
CHIEF OPERATING OFFICER
Margaret O'toole
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $27.3M | $24.5M | $110.7M |
| 2023 | $24.5M | $24.9M | $109.0M |
| 2022 | $22.6M | $21.7M | $112.4M |
| 2020 | $20.4M | $18.2M | $31.4M |
| 2019 | $26.0M | $21.7M | $30.8M |
Between 2019 and 2024, reported annual revenue grew from $26.0M to $27.3M (+5%), with total assets most recently reported at $110.7M.
Interactive year-over-year charts and full filing details available with membership.