Quebec Square Housing Inc

Analysis

Quebec Square Housing Inc is a registered charity in United States, based in Brooklyn, CT. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Quebec Square Housing Inc reported income of $804k and spending of $773k, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $703k to $804k (+14%), an average of +3.4% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Quebec Square Housing 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 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Housing Development Foundation Inc ($804k), Sacramento Cottage Housing Inc ($805k) and Cucs Initiatives Inc ($804k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $1.9m against liabilities of $116k, net assets of $1.7m.