Leviticus 25-23 Alternative Fund Inc

Analysis

Leviticus 25-23 Alternative Fund Inc is a registered charity in United States, based in Tarrytown, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Leviticus 25-23 Alternative Fund Inc reported income of $9.9m and spending of $4.2m, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $9.9m (+108%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leviticus 25-23 Alternative Fund Inc 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 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Bread of Life Fellowship Inc ($9.9m), Associates for Human Services Inc ($9.9m) and Emergency Family Assistance Association Inc ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $501k (12% of expenses). Other salaries and wages came to $947k. At year end it held assets of $91.8m against liabilities of $57.4m, net assets of $34.4m. It reported 15 employees.