Power of Zero Foundation

Analysis

Power of Zero Foundation is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Power of Zero Foundation reported income of $104k and spending of $101k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $104k (-35%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Power of Zero Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Lincoln County Educational Fund Inc ($104k), Porter Memorial Library Association ($104k) and Igbobi College Old Boys Association Na Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $55k against liabilities of $7,398, net assets of $48k.