The Levine-Lent Family Foundation

Analysis

The Levine-Lent Family Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Levine-Lent Family Foundation reported income of $7.3m and spending of $1.6m, leaving 78% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $158k to $7.3m (+4504%), an average of +115% a year. The sharpest change came in the year to June 2020, when income rose by 1783%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Levine-Lent Family Foundation sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Logan Health Foundation ($7.3m), Armstrong County Community Foundation ($7.3m) and Others First Inc ($7.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 109% of the total. At year end it held assets of $4.2m against liabilities of $32k, net assets of $4.2m.