Zaka Tel Aviv Inc

Analysis

Zaka Tel Aviv Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Zaka Tel Aviv Inc reported income of $4.5m and spending of $3.3m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $270k to $4.5m (+1564%), an average of +155% a year. The sharpest change came in the year to December 2023, when income rose by 442%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zaka Tel Aviv Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Detroit Promise Zone ($4.5m), Axia International ($4.5m) and U S Family Foundation Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.