Commquest Services Inc

Analysis

Commquest Services Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in November 1999, 27 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, Commquest Services Inc reported income of $26.4m and spending of $20.3m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $27.0m to $26.4m (-2.3%), an average of -0.6% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Commquest Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Seacoast Health Systems Inc ($26.4m), Annapolis Life Care Inc ($26.4m) and Psalms Inc ($26.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $401k (2.0% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $22.6m against liabilities of $4.7m, net assets of $17.9m. It reported 405 employees.