Levi Towers Inc

Analysis

Levi Towers Inc is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in December 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Levi Towers Inc reported income of $1.2m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.2m (+9.6%), an average of +2.3% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Levi Towers Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include Grandmont Rosedale Development Corporation ($1.2m), Big Cypress Housing Corporation ($1.2m) and Ecumenical Partnership for Housing Inc ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 31% of the total. At year end it held assets of $3.0m against liabilities of $3.1m, net assets of -$179k.