Paul Zee Foundation

Analysis

Paul Zee Foundation is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in January 1976, 50 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Paul Zee Foundation reported income of $435k and spending of $276k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $435k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 213%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paul Zee Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Fort Stockton Historical Society ($435k), National Church Residences of ($435k) and Nottingham Volunteer Fire Company ($435k).

Compensation of current officers, directors and key employees was $20k (7.2% of expenses). At year end it held assets of $6.7m against liabilities of $226k, net assets of $6.5m.