Gary L Levering Endowment Corporation is a 501(c)(3) organization based in Houston, Texas, registered in 2015, with $46,974 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$47K
▲ 15.6% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$11K
Net assets
$2.2M
Employees
—
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 Gary L Levering Endowment Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Gary L Levering Endowment Corporation: 2436 mo reserves · +77% margin earns a B+ on this criterion. See the exact thresholds →
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 Gary L Levering Endowment Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Gary L Levering Endowment Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2015) to $47K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
77.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$1,175
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $46,974▲15.6% | $10,734▲170% | $2,178,672▲11.0% | $2,179,847▲11.0% | 990 |
| 2023 | $40,630▼15.5% | $3,969▼60.4% | $1,962,667▲14.5% | $1,963,108▲14.5% | 990 |
| 2022 | $48,098▼9.2% | $10,032▲43.0% | $1,714,012▼16.2% | $1,714,377▼16.2% | 990 |
| 2021 | $52,987▲38.0% | $7,014▼1.4% | $2,046,192▲12.3% | $2,046,444▲12.3% | 990 |
| 2020 | $38,407▲59.0% | $7,112▲123% | $1,822,162▲17.1% | $1,822,376▲15.8% | 990 |
| 2019 | $24,155▲69.4% | $3,196▼20.8% | $1,555,927▲21.0% | $1,573,918▲21.0% | 990 |
| 2018 | $14,256▼33.8% | $4,037▼91.4% | $1,286,319▼7.5% | $1,301,113▼7.2% | 990 |
| 2017 | $21,536▲22.1% | $46,824▲1091% | $1,390,917▲9.0% | $1,401,675▲9.5% | 990 |
| 2016 | $17,644 | $3,932▼83.1% | $1,276,074▲16.3% | $1,280,488▲14.3% | 990 |
| 2015 | $0 | $23,202 | $1,097,506 | $1,120,708 | 990 |
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.
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Data for Gary L Levering Endowment Corporation (EIN 47-4369956) 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.