Lumen Public School

Analysis

Lumen Public School is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in May 2019, 7 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 August 2023, Lumen Public School reported income of $2.5m and spending of $2.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $601k to $2.5m (+318%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lumen Public School 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 88th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include St Dominic Savio Academy LLC ($2.5m), Yeshivat Netivot Montessori Inc ($2.5m) and Talbot County Free Library Association Incorporated ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 34% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $111k (4.9% of expenses). Other salaries and wages came to $861k. At year end it held assets of $8.5m against liabilities of $7.3m, net assets of $1.2m. It reported 22 employees.