Quaker Voluntary Service Inc

Analysis

Quaker Voluntary Service Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Quaker Voluntary Service Inc reported income of $664k and spending of $854k, spending 128% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.1m to $664k (-40%), an average of -12% a year. The sharpest change came in the year to July 2023, when income dropped by 50%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quaker Voluntary Service Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Douglas County Car Care Program ($664k), Circle of Caring Friends ($665k) and Friends in Sonoma Helping ($664k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 49% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $80k (9.4% of expenses). Other salaries and wages came to $344k. At year end it held assets of $1.8m against liabilities of $398k, net assets of $1.4m. It reported 10 employees.