Zing Life Services Inc

Analysis

Zing Life Services Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2024, Zing Life Services Inc reported income of $209k and spending of $212k, spending 101% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $196k to $209k (+6.7%), an average of +6.7% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Zing Life Services Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Friendship Place Inc ($208k), Shanerock - Always Believe Inc ($209k) and Systems-Centered Training and Research Institute Corporation ($208k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $34k (16% of expenses). Other salaries and wages came to $77k. At year end it held assets of $2,120 against liabilities of $3,973, net assets of -$1,853. It reported 9 employees.