Zimac Care Center Inc

Analysis

Zimac Care Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Zimac Care Center Inc reported income of $1.0m and spending of $922k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $773k to $1.0m (+32%), an average of +7.1% a year. The sharpest change came in the year to September 2023, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Zimac Care Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Integrated Community ($1.0m), Childrens Haven International Inc ($1.0m) and Empower Missouri ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $40k (4.3% of expenses). Other salaries and wages came to $235k. At year end it held assets of $34k against liabilities of $32k, net assets of $1,746. It reported 27 employees.