Zamar & Sponsors Inc

Analysis

Zamar & Sponsors Inc is a registered charity in United States, based in Rego Park, NY. It received its IRS tax-exemption ruling in February 2018, 8 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, Zamar & Sponsors Inc reported income of $60k and spending of $51k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $60k (-9.3%), an average of -9.3% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Zamar & Sponsors Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Historic Ketchikan Inc ($60k), Lights of the Northwoods ($60k) and Kansas I-70 Association ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $8,218 against liabilities of $0, net assets of $8,218.