Lumen Inc

Analysis

Lumen Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Inc reported income of $288k and spending of $304k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $288k (+197%), an average of +196% a year. The sharpest change came in the year to December 2023, when income rose by 197%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lumen Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within ID. Charities of a similar size with the same main cause include Vick and Pathfinder Camp and Conference Ministries Inc ($288k), Vedanta Institute of Midwest ($288k) and A New Thing Ministries ($288k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.