Zomia Inc

Analysis

Zomia Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Zomia Inc reported income of $410k and spending of $492k, spending 120% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $198k to $410k (+107%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zomia Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Wasatch Jordan Education Support Foundation ($410k), Equal Access to Justice Inc ($410k) and Tudor Place Foundation Inc TR 1 P-02965-00-5 ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $195k against liabilities of $42k, net assets of $154k.