Theodore Levin Memorial Foundation

Analysis

Theodore Levin Memorial Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in May 1972, 54 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Theodore Levin Memorial Foundation reported income of $57k and spending of $46k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $57k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Theodore Levin Memorial Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include PTA Florida Congress ($57k), Cheyenne Regional Medical Center Volunteers ($57k) and Bia Cares ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.