Partners for Quality Foundation Inc

Analysis

Partners for Quality Foundation Inc is a registered charity in United States, based in McKees Rocks, PA. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2023, Partners for Quality Foundation Inc reported income of $828k and spending of $373k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $828k (-17%), an average of -4.7% a year. The sharpest change came in the year to June 2022, when income rose by 125%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partners for Quality Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Washington County Mini Bus Inc ($828k), Area Christians Taking Initiativeon Needs ($828k) and Murwood Keyspot Inc ($828k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $76k (20% of expenses). Other salaries and wages came to $25k. At year end it held assets of $10.6m against liabilities of $74k, net assets of $10.5m. It reported 1 employees.