Zeta Zeta Lambda Company Inc

Analysis

Zeta Zeta Lambda Company Inc is a registered charity in United States, based in Cambria HTS, NY. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Zeta Zeta Lambda Company Inc reported income of $149k and spending of $90k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $149k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Zeta Zeta Lambda Company Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Onus Early Learning Center Inc ($149k), Let Grace in ($149k) and Filling the Gap NFP ($149k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $12k (13% of expenses). At year end it held assets of $1.9m against liabilities of $907k, net assets of $1.0m.