Zcash Foundation

Analysis

Zcash Foundation is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Zcash Foundation reported income of $4.7m and spending of $9.9m, spending 209% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.5m to $4.7m (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income rose by 512%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Zcash Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Building Change Inc ($4.7m), Engineering Conferences International Inc ($4.7m) and Arts of Southern Kentucky Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 118% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $502k (5.1% of expenses). Other salaries and wages came to $835k. At year end it held assets of $16.2m against liabilities of $146k, net assets of $16.0m. It reported 6 employees.