Zichru Inc

Analysis

Zichru Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in September 2021, 5 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, Zichru Inc reported income of $640k and spending of $661k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $470k to $640k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zichru Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Assisting Indigenous Ministries International Inc ($640k), Promise of Hope Inc ($641k) and John M Perkins Foundation for Reconciliation and Development Inc ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $160k (24% of expenses). At year end it held assets of $21k against liabilities of $0, net assets of $21k. It reported 1 employees.