Zaban Paradies Center for Homeless Couples Inc

Analysis

Zaban Paradies Center for Homeless Couples Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Zaban Paradies Center for Homeless Couples Inc reported income of $1.1m and spending of $1.4m, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $533k to $1.1m (+110%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Zaban Paradies Center for Homeless Couples Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Soundview Senior Housing Development Fund Company Inc ($1.1m), Hildegard House ($1.1m) and Chicago Rehabilitation Network ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $655k. At year end it held assets of $1.1m against liabilities of $132k, net assets of $947k. It reported 28 employees.