Z Krewe Inc

Analysis

Z Krewe Inc is a registered charity in United States, based in Nassau Bay, TX. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2024, Z Krewe Inc reported income of $175k and spending of $183k, spending 104% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $221k to $175k (-21%), an average of -21% a year. The sharpest change came in the year to April 2024, when income dropped by 21%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Z Krewe Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Qli Family Foundation Inc ($175k), Mighty Ally Institute ($175k) and Philanthropic Concepts Inc ($175k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 11% and program service revenue 69% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.