Quincy Catholic Elementary Schools Foundation

Analysis

Quincy Catholic Elementary Schools Foundation is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Quincy Catholic Elementary Schools Foundation reported income of $443k and spending of $237k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $253k to $443k (+75%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Quincy Catholic Elementary Schools Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Association for Radiologic and Imaging Nursing Inc ($443k), Sidney-Shelby County Workforce Partnership ($444k) and Miramonte High School Parents Club Inc ($443k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $73k (31% of expenses). Other salaries and wages came to $878. At year end it held assets of $1.3m against liabilities of $1,736, net assets of $1.3m. It reported 2 employees.