Landmarks Foundation of Montgomery

Analysis

Landmarks Foundation of Montgomery is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in March 1969, 57 years ago. 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 December 2023, Landmarks Foundation of Montgomery reported income of $1.1m and spending of $1.3m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $810k to $1.1m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Landmarks Foundation of Montgomery sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include The Vancouver Symphony Orchestra ($1.1m), Society of Vertebrate Paleontology ($1.1m) and St Vincent de Paul Charitable Enterprises Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $73k (5.7% of expenses). Other salaries and wages came to $379k. At year end it held assets of $1.5m against liabilities of $150k, net assets of $1.3m. It reported 41 employees.