Lumen Entertainment Inc

Analysis

Lumen Entertainment Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lumen Entertainment Inc reported income of $69k and spending of $67k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $69k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lumen Entertainment Inc 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 30th percentile within FL. Charities of a similar size with the same main cause include Righteous Acts Ministries Inc ($69k), Jewish Alumni Association Inc ($69k) and Sure Foundation Fellowship Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,818 against liabilities of $0, net assets of $1,818.