Lev Tamim Inc

Analysis

Lev Tamim Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Lev Tamim Inc reported income of $261k and spending of $653k, spending 250% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income grew from $70k to $261k (+273%), an average of +273% a year. The sharpest change came in the year to December 2020, when income rose by 273%. Over the whole period it spent 286% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lev Tamim Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Trinity Community Foundation ($261k), Levitate Foundation Inc ($261k) and Volunteer Center Inc ($261k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 96% of the total. At year end it held assets of $816k against liabilities of $2,000, net assets of $814k.