Zion Housing Development Corp

Analysis

Zion Housing Development Corp is a registered charity in United States, based in Adell, WI. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Zion Housing Development Corp reported income of $61k and spending of $67k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $61k (+2.3%), an average of +2.3% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Zion Housing Development Corp sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within WI. Charities of a similar size with the same main cause include Summit Homes for Elderly Inc ($61k), Lutheran Development Corporation at Napoleon Ohio Inc ($61k) and Housing America Foundation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $291k against liabilities of $294k, net assets of -$2,852.