Abe and Peggy J Levy Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Abe and Peggy J Levy Foundation is a 501(c)(3) organization based in Galveston, Texas, registered in 1993, with $133,719 in FY2024 revenue. CharityIndex grades it C.
2228 Mechanic St Ste 200, Galveston, TX, 77550 EIN 76-6083712 Since 1993
Revenue (FY2024)
$134K
▲ 11.8% vs prior year
Expenses (FY2024)
$161K
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Abe and Peggy J Levy Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating160 mo reserves · -21% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Abe and Peggy J Levy Foundation: 160 mo reserves · -21% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Abe and Peggy J Levy Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Abe and Peggy J Levy Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $141K (FY2014) to $134K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.1M
Operating margin
-20.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$0
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $133,719▲11.8% | $161,228▲10.9% | $2,144,398▼2.4% | $2,144,398▼2.4% | 990PF |
| 2023 | $119,628▲15.9% | $145,317▼13.1% | $2,198,099▼1.0% | $2,198,099▼1.0% | 990PF |
| 2022 | $103,194▼26.5% | $167,243▼5.1% | $2,219,744▼1.6% | $2,219,744▼1.6% | 990PF |
| 2021 | $140,470▲42.9% | $176,203▼1.2% | $2,255,593▼2.5% | $2,255,593▼2.5% | 990PF |
| 2020 | $98,291▼52.8% | $178,384▲16.1% | $2,313,354▼3.4% | $2,313,354▼3.4% | 990PF |
| 2019 | $208,256▲44.8% | $153,627▼3.4% | $2,395,166▲1.8% | $2,395,166▲1.8% | 990PF |
| 2017 | $143,819▲7.9% | $158,954▲7.8% | $2,353,753▼0.6% | $2,353,753▼0.6% | 990PF |
| 2016 | $133,269▼8.0% | $147,438 | $2,368,841▼0.5% | $2,368,841▼0.5% | 990PF |
| 2015 | $144,901▲3.0% | $147,383▼7.8% | $2,381,619▼0.1% | $2,381,619▼0.1% | 990PF |
| 2014 | $140,717 | $159,852 | $2,384,007 | $2,384,007 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Abe and Peggy J Levy Foundation a legitimate nonprofit?
- Yes. Abe and Peggy J Levy Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-6083712, based in Galveston, Texas. Donations are tax-deductible.
- What is Abe and Peggy J Levy Foundation's EIN?
- Abe and Peggy J Levy Foundation's Employer Identification Number (EIN) is 76-6083712.
- How much revenue does Abe and Peggy J Levy Foundation report?
- Abe and Peggy J Levy Foundation reported $133,719 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Abe and Peggy J Levy Foundation have?
- CharityIndex grades Abe and Peggy J Levy Foundation C, based on financial health (reserves and operating margin).
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Data for Abe and Peggy J Levy Foundation (EIN 76-6083712) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.