Landmarks for Families Inc

Analysis

Landmarks for Families Inc is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Landmarks for Families Inc reported income of $4.7m and spending of $4.9m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.8m to $4.7m (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2022, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Landmarks for Families Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Serving Orphans Worldwide Inc ($4.7m), Northeast Missouri Area Agency on Aging ($4.7m) and The Spring Shelter Inc ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $183k (3.8% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $6.3m against liabilities of $286k, net assets of $6.0m. It reported 106 employees.