626 Landmark Foundation

Analysis

626 Landmark Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2000, 26 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 March 2023, 626 Landmark Foundation reported income of $1.8m and spending of $63k, leaving 97% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $205k to $1.8m (+787%), an average of +73% a year. The sharpest change came in the year to March 2023, when income rose by 344%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 626 Landmark Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Texas Sandfest ($1.8m), River Oaks Chamber Orchestra ($1.8m) and Bainbridge Island Parks & Trails Foundation ($1.8m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $8,996, net assets of $143k.