Quantum Martial Arts

Analysis

Quantum Martial Arts is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Quantum Martial Arts reported income of $442k and spending of $485k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $442k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Quantum Martial Arts sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Camden Area Youth Seamanship Program ($441k), Cimarron Golf Club Inc ($442k) and Michigan Sports Alliance ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $245k (50% of expenses). At year end it held assets of $628k against liabilities of $5,313, net assets of $623k. It reported 4 employees.