Zimzam Global

Analysis

Zimzam Global is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2015, 11 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, Zimzam Global reported income of $553k and spending of $550k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $344k to $553k (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zimzam Global sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Partnership for Resource Development Inc ($553k), Apostolic Revival Ministries ($553k) and Abigayle Ministries ($553k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $116k (21% of expenses). Other salaries and wages came to $133k. At year end it held assets of $192k against liabilities of $2,275, net assets of $190k. It reported 4 employees.