Zeus Rescues Inc

Analysis

Zeus Rescues Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. 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, Zeus Rescues Inc reported income of $399k and spending of $411k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $399k (+88%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Zeus Rescues Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Rock Ranch ($399k), PTA Texas Congress ($399k) and Alabama Alliance for Arts Education Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $64k. At year end it held assets of $94k against liabilities of $127k, net assets of -$33k. It reported 7 employees.