Environmental Quality Institute

Analysis

Environmental Quality Institute is a registered charity in United States, based in Black Mountain, NC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Environmental Quality Institute reported income of $142k and spending of $137k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $142k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Environmental Quality Institute sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Columbiana Restoration & Beautification Committee ($142k), Recycle of Mecosta County Inc ($142k) and Keep Florida Beautiful Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $91k against liabilities of $5,412, net assets of $86k.