Lumen Christi
Analysis
Lumen Christi is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Lumen Christi reported income of $1.2m and spending of $1.0m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $490k to $1.2m (+150%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lumen Christi 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 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Cornerstone Christian School and Educational Services ($1.2m), Western New York Library Resources Council ($1.2m) and Oak Grove Montessori School Inc ($1.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $733k. At year end it held assets of $1.1m against liabilities of $115k, net assets of $976k. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 46%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cornerstone Christian School and Educational Services | Rockingham | $1.2m |
| Western New York Library Resources Council | Cheektowaga | $1.2m |
| Oak Grove Montessori School Inc | Carrollton | $1.2m |
| St Thomas More Academy Inc | Middletown | $1.2m |