Frederick County Landmarks Foundation Inc

Analysis

Frederick County Landmarks Foundation Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in November 1972, 54 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, Frederick County Landmarks Foundation Inc reported income of $130k and spending of $79k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $70k to $130k (+86%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frederick County Landmarks Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include All Beaches Experimental Theatre Inc ($130k), Stages Performing Arts Youth Academy ($130k) and American Society for Matrix Biology ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 6.4% of the total. At year end it held assets of $686k against liabilities of $28k, net assets of $658k.