Central New York Quest Incorporated

Analysis

Central New York Quest Incorporated is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in December 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, Central New York Quest Incorporated reported income of $4.3m and spending of $4.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $4.3m (+190%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central New York Quest Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Community Homes ($4.3m), Ahavas Tzedokos Corp ($4.3m) and One Simple Wish ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $2.0m against liabilities of $839k, net assets of $1.2m. It reported 165 employees.