Quincy Service League

Analysis

Quincy Service League is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in July 1940, 86 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Quincy Service League reported income of $75k and spending of $79k, spending 106% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income grew from $51k to $75k (+48%), an average of +48% a year. The sharpest change came in the year to May 2023, when income rose by 48%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Quincy Service League 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 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include The Charitable Estate Planning Institute ($75k), Logan County Economic Development Partnership ($75k) and Rotary Club of Three Creeks Foundation ($75k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 82% and program service revenue 0.5% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.