Zack Heger Foundation Inc

Analysis

Zack Heger Foundation Inc is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Zack Heger Foundation Inc reported income of $293k and spending of $24, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $293k (+321%), an average of +321% a year. The sharpest change came in the year to December 2023, when income rose by 321%. Over the whole period it spent 0.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Zack Heger Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Healing Kadi Foundation ($293k), Houses with Hope Inc ($293k) and Power Forward Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $378k against liabilities of $0, net assets of $378k.