Lumen Vitae of Gainesville Inc

Analysis

Lumen Vitae of Gainesville Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lumen Vitae of Gainesville Inc reported income of $101k and spending of $92k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $101k (+4.7%), an average of +4.7% a year. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lumen Vitae of Gainesville Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Colorectal Cancer Equity Foundation ($101k), Lakeview Place Inc ($101k) and React International ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.