Quatrefoil Library

Analysis

Quatrefoil Library is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Quatrefoil Library reported income of $68k and spending of $83k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $92k to $68k (-26%), an average of -9.4% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Quatrefoil Library sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Bottles4college ($68k), Central Parents Organization ($68k) and Olathe South Band Boosters ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $693k against liabilities of $0, net assets of $693k.