ZBS Foundation

Analysis

ZBS Foundation is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in September 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, ZBS Foundation reported income of $90k and spending of $66k, leaving 27% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $66k to $90k (+36%), an average of +8.1% a year. The sharpest change came in the year to April 2021, when income rose by 46%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, ZBS Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Northfield City Hospital Auxiliary ($90k), Hadley Luzerne Scholarship Fund Inc ($90k) and Ernest Hemingway Foundation ($90k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 56% and program service revenue 39% of the total. Other salaries and wages came to $4,962. At year end it held assets of $53k against liabilities of $11k, net assets of $43k. It reported 1 employees.