Levo International Inc

Analysis

Levo International Inc is a registered charity in United States, based in Bloomfield, CT. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Levo International Inc reported income of $325k and spending of $306k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $191k to $325k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Levo International Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Restoration Counseling ($325k), Jewish Humanitarian Response ($325k) and Honeywell Humanitarian Relief Foundation Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $111k. At year end it held assets of $52k against liabilities of $13k, net assets of $39k. It reported 27 employees.