Pqa Inc

Analysis

Pqa Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Pqa Inc reported income of $6.6m and spending of $6.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $6.6m (+17%), an average of +3.9% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pqa Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include BHP Services ($6.6m), Biomedical Research Institute of New Mexico ($6.6m) and Magnolia Manor of Marion County Inc ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $433k (6.4% of expenses). At year end it held assets of $11.3m against liabilities of $4.3m, net assets of $7.1m. It reported 41 employees.