Out of Zion Inc

Analysis

Out of Zion Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, Out of Zion Inc reported income of $195k and spending of $52k, leaving 73% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $196k to $195k (-0.6%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Out of Zion Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Foodraising Friends Inc ($195k), For Kids Sake International NFP ($195k) and Friends of the Chinook School ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $423k against liabilities of $6,453, net assets of $417k.