Z Ministries

Analysis

Z Ministries is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Z Ministries reported income of $2.0m and spending of $1.3m, leaving 33% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $511k to $2.0m (+282%), an average of +56% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Z Ministries sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Aquinas Institute for Catholic Life at Princeton University Inc ($1.9m), St Francis Mission ($2.0m) and Genesee Christian School Ministries ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $343k (26% of expenses). Other salaries and wages came to $108k. At year end it held assets of $1.1m against liabilities of $7,393, net assets of $1.1m. It reported 13 employees.