Lumen Institute Incorporated

Analysis

Lumen Institute Incorporated is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lumen Institute Incorporated reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $992k to $1.3m (+28%), an average of +6.5% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lumen Institute Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Lakeland Childrens Center Inc ($1.3m), Baby Life Day Care Inc ($1.3m) and Senior Citizens Service Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $50k (4.2% of expenses). At year end it held assets of $2.0m against liabilities of $32k, net assets of $2.0m.