Levi Endowment Foundation

Analysis

Levi Endowment Foundation is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Levi Endowment Foundation reported income of $356k and spending of $395k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $396k to $356k (-10.0%), an average of -2.6% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Levi Endowment Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within AR. Charities of a similar size with the same main cause include Addiction Education Society Inc ($356k), Oktep Oklahoma Tribal Engagement Partners Inc ($356k) and Abundant Life Pregnancy Resource Center Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Other salaries and wages came to $91k. At year end it held assets of $11.2m against liabilities of $174k, net assets of $11.0m.