Levasis Ministries

Analysis

Levasis Ministries is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Levasis Ministries reported income of $170k and spending of $169k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $211k to $170k (-19%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Levasis Ministries sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Pennsylvania State Resource Family Association ($170k), St Augustine Yacht Club Foundation Inc ($170k) and Local Public Sector Alliance ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $30k against liabilities of $308, net assets of $30k.