Zitek Family Tonys Refrigeration Foundation

Analysis

Zitek Family Tonys Refrigeration Foundation is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Zitek Family Tonys Refrigeration Foundation reported income of $89k and spending of $805, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $89k (+282%), an average of +282% a year. The sharpest change came in the year to December 2023, when income rose by 282%. Over the whole period it spent 1.4% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Zitek Family Tonys Refrigeration Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Early Literacy Ambassadors ($89k), New Jersey Superintendents School Study Council ($89k) and Red Cottage Montessori School ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $284k against liabilities of $6,268, net assets of $278k.