Landmark School Inc

Analysis

Landmark School Inc is a registered charity in United States, based in Prides Crossing, MA. It received its IRS tax-exemption ruling in May 1968, 58 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 June 2023, Landmark School Inc reported income of $42.9m and spending of $42.0m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $37.0m to $42.9m (+16%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Landmark School Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Riverside Preparatory School ($42.9m), American School for the Deaf ($42.9m) and Code Org ($42.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.2m (2.9% of expenses). Other salaries and wages came to $22.1m. At year end it held assets of $92.5m against liabilities of $28.8m, net assets of $63.7m. It reported 420 employees.