Ministry of Zoeys Place

Analysis

Ministry of Zoeys Place is a registered charity in United States, based in Brownsboro, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ministry of Zoeys Place reported income of $261k and spending of $219k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $261k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 192%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ministry of Zoeys Place sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Florida Association for Pupil Transportation Inc ($260k), Gumboro Community Association Inc ($261k) and Womans Club of Roland Park ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Other salaries and wages came to $12k. At year end it held assets of $48k against liabilities of $0, net assets of $48k. It reported 1 employees.