Luminary Learning Network

Analysis

Luminary Learning Network is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Luminary Learning Network reported income of $578k and spending of $583k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $151k to $578k (+283%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 271%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Luminary Learning Network sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Literacy Chicago ($578k), Lincoln High School Foundation ($578k) and Glorietta Parents Club ($578k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $206k (35% of expenses). Other salaries and wages came to $134k. At year end it held assets of $821k against liabilities of $94k, net assets of $727k. It reported 2 employees.