Level 9 Corporation

Analysis

Level 9 Corporation is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Level 9 Corporation reported income of $193k and spending of $229k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $248k to $193k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Level 9 Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Network for Change and Continuous Innovation Inc ($193k), Haddonfield Crew Club ($193k) and LA Verne Band Boosters Association ($193k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $23k against liabilities of -$4,715, net assets of $28k. It reported 4 employees.