Xzone Community Centers

Analysis

Xzone Community Centers is a registered charity in United States, based in Chesterfield, VA. It received its IRS tax-exemption ruling in August 2003, 23 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 May 2023, Xzone Community Centers reported income of $251k and spending of $196k, leaving 22% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.3m to $251k (-81%), an average of -34% a year. The sharpest change came in the year to May 2022, when income dropped by 57%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Xzone Community Centers sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Shine Community Inc ($251k), Heart Heroes Inc ($251k) and West Medford Community Center Inc ($251k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $77k. At year end it held assets of $305k against liabilities of $5,358, net assets of $299k. It reported 13 employees.