Zion Hill Community Development Corporation

Analysis

Zion Hill Community Development Corporation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Zion Hill Community Development Corporation reported income of $441k and spending of $519k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $441k (-71%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Zion Hill Community Development Corporation sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Affordable Community Residence Association Inc ($441k), Tiny House Community Development ($442k) and Home Means Nevada Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $93k (18% of expenses). Other salaries and wages came to $87k. At year end it held assets of $16k against liabilities of $233k, net assets of -$217k. It reported 3 employees.