Zen & Kongfu Association Inc

Analysis

Zen & Kongfu Association Inc is a registered charity in United States, based in Bellerose, NY. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Zen & Kongfu Association Inc reported income of $129k and spending of $101k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $129k (+14%), an average of +14% a year. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Zen & Kongfu Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Sophie and Madigans Playground Inc ($129k), Baltimore Bays Soccer Club Inc ($129k) and Lancaster Soap Box Derby Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 25% of the total. At year end it held assets of $220k against liabilities of $127k, net assets of $93k.