Zion Multimedia Corp

Analysis

Zion Multimedia Corp is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in October 2006, 20 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 2023, Zion Multimedia Corp reported income of $615k and spending of $615k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $638k to $615k (-3.6%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zion Multimedia Corp sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Living Bridges Ministry Corporation ($615k), 2301 LA Holdings ($615k) and Trinity Episcopal Church of Fort Worth Inc Foundation ($615k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $156k. At year end it held assets of $138k against liabilities of $61k, net assets of $78k. It reported 5 employees.