Lalumiere School Inc

Analysis

Lalumiere School Inc is a registered charity in United States, based in LA Porte, IN. It received its IRS tax-exemption ruling in May 1965, 61 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 2024, Lalumiere School Inc reported income of $9.4m and spending of $6.8m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.6m to $9.4m (+68%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 67%. 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, Lalumiere School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Futures in Education ($9.4m), Orlando Community & Youth Trust Inc ($9.4m) and Educational Solutions Co ($9.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $285k (4.2% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $14.9m against liabilities of $2.0m, net assets of $12.9m. It reported 75 employees.