Lumos Foundation USA Inc

Analysis

Lumos Foundation USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lumos Foundation USA Inc reported income of $1.4m and spending of $2.9m, spending 213% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.4m (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lumos Foundation USA Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Shine in the World Ministries ($1.4m), Tibetan Nuns Project ($1.4m) and A I E S E C U S Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. Other salaries and wages came to $170k. At year end it held assets of $5.0m against liabilities of $2.7m, net assets of $2.3m.