Regina Luminis Academy
Analysis
Regina Luminis Academy is a registered charity in United States, based in Berwyn, PA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Regina Luminis Academy reported income of $2.2m and spending of $2.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.2m (+116%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Regina Luminis Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Breakthrough Atlanta Inc ($2.2m), The Mariposa School ($2.2m) and Hbcu Community Development Action Coalition ($2.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 71% of the total. Other salaries and wages came to $933k. At year end it held assets of $424k against liabilities of $123k, net assets of $301k. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 71%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Breakthrough Atlanta Inc | Atlanta | $2.2m |
| The Mariposa School | Cary | $2.2m |
| Hbcu Community Development Action Coalition | Miami | $2.2m |
| Safe Haven School Inc | Lake Bluff | $2.2m |