Gates of Zion Inc

Analysis

Gates of Zion Inc is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Gates of Zion Inc reported income of $6.8m and spending of $6.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $6.8m (+106%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gates of Zion Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include United States Catholic Conference ($6.7m), Society of St Vincent de Paul Archdiocesan Council of ($6.8m) and Bureau of Jewish Education of Greater Los Angeles ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $157k (2.3% of expenses). At year end it held assets of $79k against liabilities of $0, net assets of $79k. It reported 7 employees.