Narratives QC Inc NFP

Analysis

Narratives QC Inc NFP is a registered charity in United States, based in Rock Island, IL. It received its IRS tax-exemption ruling in August 2020, 6 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, Narratives QC Inc NFP reported income of $181k and spending of $171k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $181k (+220%), an average of +220% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Narratives QC Inc NFP sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Goldberg Charitable Corporation to Improve the Food System Inc ($181k), Ida and Asset Building Collaborative of North Carolina ($181k) and Genesis Community Development Center Inc ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.