Zephyr Institute Inc

Analysis

Zephyr Institute Inc is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Zephyr Institute Inc reported income of $605k and spending of $412k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $605k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Zephyr Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Bessemer Redevelopment Corp ($605k), Odyssey Family Executive Center of South Norwalk Inc ($605k) and California Association of Local Agency Formation Commissions ($605k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.5% of the total. Other salaries and wages came to $190k. At year end it held assets of $1.4m against liabilities of $10k, net assets of $1.4m. It reported 9 employees.