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I Am Zambia Inc

RegisteredEIN 81-5048607Las Vegas, NVOverseas aid and international
Income$198k2023-12
Spending$184ksame year
Spent / received102%5-year average
Size in its cause51st pctOverseas aid and international
Exempt since2017Publicly supported organisat
Employees0latest return

Analysis

I Am Zambia Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, I Am Zambia Inc reported income of $198k and spending of $184k, spending 93% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $129k to $198k (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, I Am Zambia Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within NV. Charities of a similar size with the same main cause include National Cathedral of Ghana and Bible Museum Foundation Inc ($198k), Caring for Haitian Orphans with AIDS Inc ($198k) and Peace Through Yoga Foundation Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.

Income and spending

$0$50k$100k$150k$200k2018 Income: $128,8272018 Spending: $126,34620182020 Income: $155,5292020 Spending: $101,65720202021 Income: $121,3742021 Spending: $111,94920212022 Income: $106,3782022 Spending: $199,70020222023 Income: $198,1072023 Spending: $183,5502023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
National Cathedral of Ghana and Bible Museum Foundation IncWashington$198k
Caring for Haitian Orphans with AIDS IncTallahassee$198k
Peace Through Yoga Foundation IncZionsville$198k
Serving Our Neighbor InternationalPlymouth$198k