Levanta Ministries

Analysis

Levanta Ministries is a registered charity in United States, based in Aledo, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Levanta Ministries reported income of $320k and spending of $261k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $320k to $320k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Levanta Ministries sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Thinking Through Faith ($320k), CBM Ministries ($320k) and House of Missions and Equipping ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $72k (28% of expenses). Other salaries and wages came to $22k. At year end it held assets of $523k against liabilities of $1,687, net assets of $522k. It reported 3 employees.