Quaker Hill Foundation Incorporated
Analysis
Quaker Hill Foundation Incorporated is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in December 1940, 86 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Quaker Hill Foundation Incorporated reported income of $199k and spending of $150k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $152k to $199k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Quaker Hill Foundation Incorporated sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Redeemed Christian Church of God Jesus Pavilion Baltimore ($199k), Abundant Life Mission Inc ($199k) and Iglesia Kayros Nuevo Renacer ($199k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $52k (35% of expenses). Other salaries and wages came to $7,795. At year end it held assets of $494k against liabilities of $2,738, net assets of $491k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 46%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Redeemed Christian Church of God Jesus Pavilion Baltimore | Rosedale | $199k |
| Abundant Life Mission Inc | Menominee | $199k |
| Iglesia Kayros Nuevo Renacer | Providence | $199k |
| Premier Christian Media | Plano | $199k |