Lumen Early Learning Center

Analysis

Lumen Early Learning Center is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lumen Early Learning Center reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $244k to $1.4m (+463%), an average of +78% a year. The sharpest change came in the year to December 2021, when income rose by 297%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lumen Early Learning Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Wimberley Valley Watershed Assoc Inc ($1.4m), Nature School Inc ($1.4m) and Lake Norman Christian School ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $91k (7.0% of expenses). Other salaries and wages came to $632k. It paid $1,100 in professional fundraising fees. At year end it held assets of $799k against liabilities of $68k, net assets of $731k. It reported 52 employees.