The Trustees of the Ladew Topiary Gardens Inc

Analysis

The Trustees of the Ladew Topiary Gardens Inc is a registered charity in United States, based in Monkton, MD. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, The Trustees of the Ladew Topiary Gardens Inc reported income of $2.8m and spending of $3.4m, spending 122% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.6m to $2.8m (+4.4%), an average of +1.1% a year. The sharpest change came in the year to October 2021, when income rose by 35%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Trustees of the Ladew Topiary Gardens Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include Preachers Aid Society of New England ($2.8m), North Carolina Childrens Museum ($2.8m) and The Community Foundation of Howard County Inc ($2.8m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 39% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $180k (5.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $23.1m against liabilities of $250k, net assets of $22.8m. It reported 51 employees.