Doug and Kaisa Levine Family Support Foundation

Analysis

Doug and Kaisa Levine Family Support Foundation is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in August 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Doug and Kaisa Levine Family Support Foundation reported income of $614k and spending of $137k, leaving 78% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $391k to $614k (+57%), an average of +12% a year. The sharpest change came in the year to May 2023, when income rose by 4196%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Doug and Kaisa Levine Family Support Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include The Crouch Foundation ($613k), Boon Philanthropy Inc ($614k) and Illinois Association of College Admission Counselors ($613k).

At year end it held assets of $7.9m against liabilities of $0, net assets of $7.9m.