Zoe Ministries Inc

Analysis

Zoe Ministries Inc is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Zoe Ministries Inc reported income of $142k and spending of $141k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $142k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Zoe Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within CO. Charities of a similar size with the same main cause include Little League Baseball Inc ($142k), Momentum & Value for People of Color Inc ($142k) and Little League Baseball Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (54% of expenses). Other salaries and wages came to $1,516. At year end it held assets of $263k against liabilities of $22k, net assets of $241k. It reported 2 employees.