Zaytuna College

Analysis

Zaytuna College is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, Zaytuna College reported income of $18.4m and spending of $15.2m, spending 83% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $10.5m to $18.4m (+75%), an average of +15% a year. The sharpest change came in the year to July 2022, when income rose by 51%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zaytuna College sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Elijah List Ministries Inc ($18.3m), Vaad Harabbanim Linyanei Tzeduka Inc ($18.4m) and Neighborhood Ministries Inc ($17.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $534k (3.5% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $51.0m against liabilities of $8.4m, net assets of $42.6m. It reported 91 employees.