Quality Progressions

Analysis

Quality Progressions is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Quality Progressions reported income of $8.5m and spending of $8.6m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.3m to $8.5m (+2.0%), an average of +0.7% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quality Progressions sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Kidvantage ($8.5m), Agesmart Community Resources ($8.5m) and Central Iowa Residential Services Inc ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $335k (3.9% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $7.5m against liabilities of $1.5m, net assets of $6.0m. It reported 123 employees.