Level Ground Inc
Analysis
Level Ground Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Level Ground Inc reported income of $231k and spending of $184k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $231k (-2.3%), an average of -0.6% a year. Over the whole period it spent 91% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Level Ground 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 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Community Healing Network Inc ($231k), Center for Arabic Culture Inc ($231k) and Youth Orchestra of Central Jersey Inc ($231k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $90k. At year end it held assets of $120k against liabilities of $2,885, net assets of $117k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Healing Network Inc | New Haven | $231k |
| Center for Arabic Culture Inc | Somerville | $231k |
| Youth Orchestra of Central Jersey Inc | West Windsor | $231k |
| Friends of Vernon Center Inc | Vernon | $231k |