Quality Lifestyle Service Inc

Analysis

Quality Lifestyle Service Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Quality Lifestyle Service Inc reported income of $337k and spending of $296k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $341k to $337k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Quality Lifestyle Service Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Erie Cancer and Wellness Foundation ($337k), Starlight Ministries Inc ($337k) and Lawyers Concerned for Lawyers-Connecticut Inc ($337k).

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 $30k (10% of expenses). At year end it held assets of $573k against liabilities of $0, net assets of $573k.