Zero Zero Inc

Analysis

Zero Zero Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 2021, 5 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 December 2023, Zero Zero Inc reported income of $202k and spending of $235k, spending 116% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $216k to $202k (-6.6%), an average of -3.4% a year. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Zero Zero Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AL. Charities of a similar size with the same main cause include Little Rock Rangers Soccer Club ($202k), Nelson County Youth Soccer Association ($202k) and Escondido Girls Softball League ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.