Quad Cities Interfaith Sponsoring Committee

Analysis

Quad Cities Interfaith Sponsoring Committee is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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, Quad Cities Interfaith Sponsoring Committee reported income of $197k and spending of $161k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $244k to $197k (-19%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quad Cities Interfaith Sponsoring Committee sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IA. Charities of a similar size with the same main cause include Friends of the Turlock Public Library ($197k), Full Gospel Zion Church ($197k) and Old Jamestown School Association Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $47k (29% of expenses). Other salaries and wages came to $19k. At year end it held assets of $226k against liabilities of $2,597, net assets of $223k. It reported 4 employees.