Mount Zion Community Reinvestment Corporation

Analysis

Mount Zion Community Reinvestment Corporation is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in October 2011, 15 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, Mount Zion Community Reinvestment Corporation reported income of $159k and spending of $210k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $295k to $159k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mount Zion Community Reinvestment Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within GA. Charities of a similar size with the same main cause include Lufkin Host Lions Clubs Z&oo Railroad Advisory Board Inc ($159k), Washington State Coalition of African Community Leaders ($159k) and North Dakota Association of Nonprofit Organizations Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.