SLTCC Landmark Friends Inc

Analysis

SLTCC Landmark Friends Inc is a registered charity in United States, based in Rumson, NJ. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, SLTCC Landmark Friends Inc reported income of $110k and spending of $184k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $493k to $110k (-78%), an average of -78% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, SLTCC Landmark Friends Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Iskwelahang Pilipino Inc ($110k), Classic Car Collection ($110k) and Heritage Military Music Foundation Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $50k, net assets of -$19k.