Leviticus 25-23 Alternative Fund Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE LEVITICUS 25:23 ALTERNATIVE FUND IS ROOTED IN FAITH AND THE CALL FOR ACCESS TO ECONOMIC IMPROVEMENT. THE FUND PROVIDES FLEXIBLE CAPITAL, EXPERTISE, AND SUPPORT TO PROPEL THE GROWTH OF HEALTHIER COMMUNITIES. LEVITICUS CREATES OPPORTUNITIES FOR VULNERABLE, LOW-INCOME PEOPLE TO THRIVE AND LIVE WITH DIGNITY.
- Income
- $11.3 million
- Spending
- $8.6 million
- Spent on programs
- 90%
- Reserves
- 53.7 months of spending
- Largest source of income
- fees for its services, 69%
- Employees
- 22
- Volunteers
- 29
- Highest pay
- $350,333, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 60% of charities in its peer group (human services, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 53.7 months of spending.
Debt
5 of 20It owes 70% of what it owns.
Living within its means
15 of 15Income exceeded spending by 24% of income.
Income trend
0 of 15Income fell 28% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 16% of charities in its peer group (human services, $10m to $100m).
Independent board
25 of 2515 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $7.8 million spent. THE LEVITICUS FUND'S FLEXIBLE CAPITAL AND TECHNICAL ASSISTANCE SUPPORT A RANGE OF COMMUNITY DEVELOPMENT PROJECTS SERVING LOW-INCOME COMMUNITIES, FAMILIES, AND INDIVIDUALS. HIGHLIGHTS OF OUR LENDING IN 2025 INCLUDE:TWENTY-FOUR, OR 73%, OF THE PROJECTS FINANCED WERE AFFORDABLE HOUSING RELATED. SEVEN PROJECTS INVOLVED CHILDCARE CENTERS, HEALTHY FOOD RETAIL, AND COMMUNITY FACILITIES.TOTAL DEVELOPMENT WILL GENERATE 1,925 UNITS OF RENTAL HOUSING, WITH 1,639 UNITS, OR 85%, SERVING LOW-INCOME HOUSEHOLDS (80% AMI), PLUS AN ADDITIONAL 85 TRANSITIONAL UNITS. OF THE 1,925 AFFORDABLE UNITS, 53% ARE DESIGNATED FOR VERY LOW AND EXTREMELY LOW-INCOME FAMILIES AND INDIVIDUALS. SIX HUNDRED AND FIFTY-FIVE UNITS, OR 34%, WILL INCLUDE SUPPORTIVE SERVICES. OF THE 24 HOUSING PROJECTS WE FUNDED, 19, OR 80%, MET A GREEN BUILDING STANDARD OR INVOLVED GREEN BUILDING FEATURES.IN TERMS OF THE COMMUNITIES WE SERVED IN 2025, 22, OR 67%, OF OUR LOANS WERE TO PROJECTS LOCATED IN AREAS OF ECONOMIC DISTRESS WHICH ARE CENSUS TRACTS CHARACTERIZED BY HIGH POVERTY RATES, UNEMPLOYMENT, AND LOW-INCOME LEVELS. NINETEEN, OR 58%, OF OUR LOANS WERE TO PROJECTS LOCATED IN LOW INCOME DISADVANTAGE COMMUNITIES WHICH ARE CENSUS TRACTS THAT FACE A DISPROPORTIONATE BURDEN OF ENVIRONMENTAL AND SOCIAL CHALLENGES OFTEN DUE TO FACTORS SUCH AS POVERTY, LACK OF ACCESS TO RESOURCES, AND EXPOSURE TO ENVIRONMENTAL POLLUTION.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Worth knowing.
Not individually listed by the IRS as eligible, which is usual for local chapters covered by a parent organization's exemption. The master file records contributions to it as deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1946.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.