Landman Scholarship Trust

Analysis

Landman Scholarship Trust is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in December 1960, 66 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 June 2023, Landman Scholarship Trust reported income of $202k and spending of $332k, spending 164% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $639k to $202k (-68%), an average of -25% a year. The sharpest change came in the year to June 2021, when income rose by 1127%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Landman Scholarship Trust sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Six Mile Run Volunteer Fire Company ($202k), Virginia Down Syndrome Association ($202k) and American Water Works Association ($202k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $9.2m against liabilities of $1,800, net assets of $9.2m.