Lansdowne Up

Analysis

Lansdowne Up is a registered charity in United States, based in E Saint Louis, IL. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lansdowne Up reported income of $7.4m and spending of $3.0m, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $4.5m to $7.4m (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 40% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lansdowne Up sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Mission St Louis ($7.3m), Association of Physicians of Pakistani-Descent of North America ($7.4m) and Illinois Business and Economic Development Corporation ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $7.7m against liabilities of $628k, net assets of $7.1m. It reported 77 employees.