Mount Zion Economic Community Center Inc

Analysis

Mount Zion Economic Community Center Inc is a registered charity in United States, based in Summit, MS. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, Mount Zion Economic Community Center Inc reported income of $1.2m and spending of $1.4m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income fell from $1.5m to $1.2m (-17%), an average of -4.7% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mount Zion Economic Community Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within MS. Charities of a similar size with the same main cause include Balance 180 Gymnastics and Sports Academy ($1.2m), Plymouth Soccer Club Inc ($1.2m) and Black Mountain of Maine ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $633k. At year end it held assets of $623k against liabilities of $154k, net assets of $469k. It reported 42 employees.