Zenith West Foundation

Analysis

Zenith West Foundation is a registered charity in United States, based in Dupont, WA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Zenith West Foundation reported income of $232k and spending of $256k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $205k to $232k (+13%), an average of +13% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Zenith West Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Bike Walk Tennessee ($232k), Middleton United Soccer Club ($232k) and Satellite Beach Soccer Club Inc ($232k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.8% and program service revenue 85% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.