Zoweh Inc

Analysis

Zoweh Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Zoweh Inc reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $908k to $1.5m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zoweh Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include International Missionaries for Christ Inc ($1.5m), Tiferes Eliyahu Inc ($1.5m) and Immanuel Agape Ministries ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $63k (4.1% of expenses). Other salaries and wages came to $707k. At year end it held assets of $244k against liabilities of $34k, net assets of $210k. It reported 15 employees.