Illuminus Inc

Analysis

Illuminus Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Illuminus Inc reported income of $11.7m and spending of $8.4m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $11.7m (+128%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illuminus Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Comserv Inc ($11.7m), Quality Group Homes Inc ($11.7m) and Good Neighbors Inc ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $12.0m against liabilities of $2.4m, net assets of $9.7m.