Quincy Public Schools Foundation

Analysis

Quincy Public Schools Foundation is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in October 1993, 33 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 June 2024, Quincy Public Schools Foundation reported income of $1.1m and spending of $694k, leaving 37% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.3m to $1.1m (-17%), an average of -3.8% a year. The sharpest change came in the year to June 2023, when income rose by 323%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quincy Public Schools Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Student Work Development Foundation Inc ($1.1m), Our Ladys Manor Inc ($1.1m) and The Green Byrne Child Care Center Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $135k. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m. It reported 4 employees.