Zestos Inc

Analysis

Zestos Inc is a registered charity in United States, based in Alton, IA. It received its IRS tax-exemption ruling in May 2011, 15 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, Zestos Inc reported income of $182k and spending of $264k, spending 145% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $293k to $182k (-38%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Zestos Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IA. Charities of a similar size with the same main cause include Desdas Grate Inc ($182k), John 13 Community ($182k) and Motherwoman Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Other salaries and wages came to $112k. At year end it held assets of $319k against liabilities of $93k, net assets of $226k. It reported 16 employees.