Petros Zoe Initiative USA Incorporated

Analysis

Petros Zoe Initiative USA Incorporated is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2019, 7 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, Petros Zoe Initiative USA Incorporated reported income of $228k and spending of $227k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $228k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Petros Zoe Initiative USA Incorporated sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Open Institute International Inc ($228k), Siamak Pourzand Foundation ($228k) and Hope4burundi ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $2,271 against liabilities of $0, net assets of $2,271.