Quilts of Honor America

Analysis

Quilts of Honor America is a registered charity in United States, based in Valley SPGS, CA. It received its IRS tax-exemption ruling in August 2010, 16 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 December 2023, Quilts of Honor America reported income of $131k and spending of $118k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $107k to $131k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quilts of Honor America sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include East West Communities Foundation ($131k), Serendipity Mercantile ($131k) and San Diego Civic Dance Association Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.