Quest Institute for Quality Education

Analysis

Quest Institute for Quality Education is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Quest Institute for Quality Education reported income of $270k and spending of $367k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $501k to $270k (-46%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 214%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Quest Institute for Quality Education sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($270k), Oklahoma Life Skills Association ($270k) and Hudsons Bay High School Foundation ($270k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $190k against liabilities of $92k, net assets of $98k.