Levantar

Analysis

Levantar is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Levantar reported income of $587k and spending of $579k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $587k (+95%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Levantar sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Neighborhood Co-Operative Nursery School Inc ($587k), Food for the Soul - Kershaw County Inc ($587k) and Holy Family Learning Center Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $90k (16% of expenses). Other salaries and wages came to $262k. At year end it held assets of $80k against liabilities of $157k, net assets of -$76k. It reported 15 employees.