Asc Quality Collaboration Inc

Analysis

Asc Quality Collaboration Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Asc Quality Collaboration Inc reported income of $360k and spending of $359k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $360k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asc Quality Collaboration Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Carefirst Carolina Foundation Inc ($360k), Sierra Veterans Research and Education Foundation ($360k) and Aspire Foundation ($359k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $480k against liabilities of $131k, net assets of $349k.