Illuman Inc

Analysis

Illuman Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in August 2014, 12 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, Illuman Inc reported income of $256k and spending of $201k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $256k (+46%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Illuman Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include American Friends of Kol Yehuda Inc ($256k), Media for Christ ($256k) and Shiv Shakti Peeth Hindu Temple ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 7.0% of the total. At year end it held assets of $468k against liabilities of $1,154, net assets of $467k.