Land Cle

Analysis

Land Cle is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Land Cle reported income of $207k and spending of $290k, spending 141% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $91k to $207k (+126%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Land Cle sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Pandion Music Foundation Inc ($207k), Suzuki Collaborative of Cincinnati Public Schools ($207k) and Victorian Lyric Opera Company ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $23k (7.9% of expenses). Other salaries and wages came to $116k. At year end it held assets of $65k against liabilities of $563, net assets of $65k. It reported 4 employees.