Lucis Publishing Company

Analysis

Lucis Publishing Company is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1943, 83 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lucis Publishing Company reported income of $69k and spending of $65k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $69k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lucis Publishing Company sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Friends for Old Bethpage Village Restoration Inc ($69k), Marks Project Inc ($69k) and Buses of Yellowstone Preservation Trust Incorporated ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $120k against liabilities of $2,502, net assets of $118k.