Foundation for Quality Care Inc

Analysis

Foundation for Quality Care Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Foundation for Quality Care Inc reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $889k to $1.5m (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Foundation for Quality Care Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Court Appointed Special Advocates of Atlantic County Inc ($1.5m), Family Council ($1.5m) and Massachusetts Advocates for Children Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $347k against liabilities of $367k, net assets of -$20k.