Dothan Landmarks Foundation Inc

Analysis

Dothan Landmarks Foundation Inc is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in September 1977, 49 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 September 2023, Dothan Landmarks Foundation Inc reported income of $629k and spending of $706k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $437k to $629k (+44%), an average of +9.5% a year. The sharpest change came in the year to September 2021, when income rose by 37%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dothan Landmarks Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within AL. Charities of a similar size with the same main cause include National Church Residences of West Memphis Ar ($629k), New York Center for Liver Transplantation Inc ($629k) and Anchorage Youth Soccer Club Inc ($629k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $317k (45% of expenses). At year end it held assets of $2.1m against liabilities of $101k, net assets of $2.0m. It reported 41 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.