Zambaleta

Analysis

Zambaleta is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Zambaleta reported income of $70k and spending of $34k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $276k to $70k (-75%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Zambaleta sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Nlarts ($70k), Harrison High School Instrumental Music Boosters Inc ($70k) and Rochester Section Incorporated of the American Chemical Society ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. At year end it held assets of $238k against liabilities of $29k, net assets of $208k.