Ancient Dragon Zen Gate NFP

Analysis

Ancient Dragon Zen Gate NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2007, 19 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 December 2022, Ancient Dragon Zen Gate NFP reported income of $140k and spending of $84k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $266k to $140k (-48%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 35% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ancient Dragon Zen Gate NFP sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Northstar Pastoral Ministries Inc ($140k), 812 MX Ministry Inc ($140k) and First Love Ministries Church ($140k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $346k against liabilities of $0, net assets of $346k.