Landweb Inc

Analysis

Landweb Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover science and technology, 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, Landweb Inc reported income of $315k and spending of $214k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $315k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Landweb Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 55th percentile within VT. Charities of a similar size with the same main cause include Endicott Performing Arts Center Inc ($315k), Angels of Charity and Music ($315k) and Cape Ann Art Haven ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (26% of expenses). Other salaries and wages came to $46k. At year end it held assets of $136k against liabilities of $0, net assets of $136k. It reported 2 employees.