Landfall Tradition

Analysis

Landfall Tradition is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Landfall Tradition reported income of $76k and spending of $49k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $76k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Landfall Tradition sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Kiwanis Club of Paducah Foundation ($76k), Windom Area Sharing Center ($76k) and St Isaac Jogues Society of St Vincent de Paul ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 141% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.