Landmark Training Development Company

Analysis

Landmark Training Development Company is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Landmark Training Development Company reported income of $163k and spending of $189k, spending 116% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $251k to $163k (-35%), an average of -35% a year. The sharpest change came in the year to May 2024, when income dropped by 35%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Landmark Training Development Company sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Lilleberg Family Foundation ($163k), Alabama Association of Elementary School Administrators ($163k) and Columbia Training Centers Inc ($163k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 42% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $52k (28% of expenses). Other salaries and wages came to $28k. At year end it held assets of $591k against liabilities of $56k, net assets of $535k. It reported 16 employees.