Lucs Light Youth Music & Arts Foundation

Analysis

Lucs Light Youth Music & Arts Foundation is a registered charity in United States, based in Paw Paw, MI. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Lucs Light Youth Music & Arts Foundation reported income of $67k and spending of $26k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $67k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 18% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lucs Light Youth Music & Arts Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Berisso Kids Inc ($67k), Childs Gate to Learning ($67k) and South Coast Sailing Team ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.