Lumani Foundation

Analysis

Lumani Foundation is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lumani Foundation reported income of $200k and spending of $164k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $300k to $200k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lumani Foundation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include San Francisco Muslim Community Center ($200k), North Carolina Center for Public Policy Research Inc ($200k) and Emmaus Baptist College Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $311k against liabilities of $0, net assets of $311k.