The Quadrangle

Analysis

The Quadrangle is a registered charity in United States, based in Haverford, PA. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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, The Quadrangle reported income of $165k and spending of $101k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $209k to $165k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 24% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Quadrangle sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Northwoods Alliance Incorporated ($165k), Lincoln Log Cabin Foundation ($165k) and Volunteers of America Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.