Quality Management Associates Inc

Analysis

Quality Management Associates Inc is a registered charity in United States, based in Palmyra, NJ. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Quality Management Associates Inc reported income of $2.1m and spending of $1.7m, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $2.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 122%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quality Management Associates Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Metropolitan Detroit Baptist Manor ($2.1m), Commission on Aging Family Services Inc ($2.1m) and United Methodist Neighborhood Centers Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 95% of the total. Other salaries and wages came to $900k. At year end it held assets of $8.0m against liabilities of $4.6m, net assets of $3.4m. It reported 40 employees.