Karen Ann Quinlan Charitable Foundation Inc

Analysis

Karen Ann Quinlan Charitable Foundation Inc is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Karen Ann Quinlan Charitable Foundation Inc reported income of $232k and spending of $1.8m, spending 759% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $628k to $232k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Karen Ann Quinlan Charitable Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include North Shore Soccer Club Inc ($232k), Outstanding Farmers of America ($232k) and River Ellis Foundation the ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 140% of the total. At year end it held assets of $12.3m against liabilities of $1.6m, net assets of $10.7m.