Level Two Inc

Analysis

Level Two Inc is a registered charity in United States, based in Plainfield, IN. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Level Two Inc reported income of $125k and spending of $154k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $103k to $125k (+21%), an average of +10% a year. Over the whole period it spent 121% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Level Two Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Blue Valley Neighborhood Association ($125k), Pennsylvania State Association of County Fairs ($125k) and Creepy Walk in the Woods ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $12k against liabilities of $1,259, net assets of $11k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.