Luminis Health Imaging Inc

Analysis

Luminis Health Imaging Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Luminis Health Imaging Inc reported income of $31.3m and spending of $26.1m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $31.5m to $31.3m (-0.7%), an average of -0.2% a year. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Luminis Health Imaging Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Beth Sholom Home of Virginia ($31.3m), Blackstone Valley Community Health Care Inc ($31.3m) and Minnie Hamilton Health Care Center ($31.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $302k (1.2% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $123.5m against liabilities of $7.7m, net assets of $115.7m. It reported 134 employees.