Zambia Project

Analysis

Zambia Project is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in August 2014, 12 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 June 2023, Zambia Project reported income of $341k and spending of $459k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $182k to $341k (+87%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 35%. 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, Zambia Project sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Common Ground Troy Inc ($341k), Vision Ohio ($341k) and By Grace Alone Ministries Foundation ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.