Lev Echad

Analysis

Lev Echad is a registered charity in United States, based in Englewood, NJ. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lev Echad reported income of $873k and spending of $720k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,997 to $873k (+10821%), an average of +10821% a year. The sharpest change came in the year to December 2023, when income rose by 10821%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lev Echad sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Marion Rotary Foundation Inc ($873k), Midvale Community Building ($874k) and United Way of North Central Iowa ($873k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.