Levant Ministries Inc

Analysis

Levant Ministries Inc is a registered charity in United States, based in Lake Mary, FL. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Levant Ministries Inc reported income of $747k and spending of $652k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $747k (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Levant Ministries Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Connections Community Church Inc ($747k), Jewish Content Inc ($747k) and Oneplusgod Ministries Inc ($747k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $101k (15% of expenses). At year end it held assets of $1.1m against liabilities of $244k, net assets of $826k. It reported 2 employees.