Landmarks of Dekalb County Inc

Analysis

Landmarks of Dekalb County Inc is a registered charity in United States, based in Fort Payne, AL. It received its IRS tax-exemption ruling in January 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Landmarks of Dekalb County Inc reported income of $97k and spending of $161k, spending 166% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $66k to $97k (+46%), an average of +10% a year. The sharpest change came in the year to July 2023, when income rose by 103%. Over the whole period it spent 144% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Landmarks of Dekalb County Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AL. Charities of a similar size with the same main cause include Amor Por Juarez ($97k), Swell Cinema ($97k) and Broadway for All ($97k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 46% and program service revenue 25% of the total. Other salaries and wages came to $24k. At year end it held assets of $2.6m against liabilities of $451, net assets of $2.6m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.