Landons Library Trust Fund

Analysis

Landons Library Trust Fund is a registered charity in United States, based in Oakland, MD. It received its IRS tax-exemption ruling in November 2006, 20 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 June 2023, Landons Library Trust Fund reported income of $326k and spending of $209k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $226k to $326k (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Landons Library Trust Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Little Wonders ($326k), Light 2 the World ($326k) and Community Center Development Corporation ($326k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $693k against liabilities of $7, net assets of $693k.