Landons Light Foundation

Analysis

Landons Light Foundation is a registered charity in United States, based in West Fargo, ND. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Landons Light Foundation reported income of $496k and spending of $351k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $266k to $496k (+86%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Landons Light Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within ND. Charities of a similar size with the same main cause include The Economic Science Association ($496k), Delmar Public Library ($496k) and Bingham County Senior Citizens Center Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $74k (21% of expenses). Other salaries and wages came to $55k. It paid $825 in professional fundraising fees. At year end it held assets of $961k against liabilities of $227k, net assets of $733k. It reported 2 employees.