Shaarei Zion Institutions Inc

Analysis

Shaarei Zion Institutions Inc is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Shaarei Zion Institutions Inc reported income of $2.6m and spending of $1.9m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $2.6m (+483%), an average of +55% a year. The sharpest change came in the year to December 2020, when income rose by 128%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shaarei Zion Institutions Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Sunstone Montessori School Inc ($2.6m), Best Foot Forward Foundation Inc ($2.6m) and Amite School Corporation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.