Zlax Inc

Analysis

Zlax Inc is a registered charity in United States, based in Zionsville, IN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Zlax Inc reported income of $62k and spending of $56k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $40k to $62k (+54%), an average of +54% a year. The sharpest change came in the year to June 2024, when income rose by 54%. Over the whole period it spent 112% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Zlax Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Columbus Youth Softball Association ($62k), Banquet Table ($62k) and Yellow Jacket Band Association Inc ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.5% and program service revenue 84% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.