Quiroga Foundation
Analysis
Quiroga Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Quiroga Foundation reported income of $567k and spending of $620k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $130k to $567k (+337%), an average of +45% a year. The sharpest change came in the year to June 2022, when income rose by 795%. Over the whole period it spent 58% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Quiroga Foundation 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 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Back to Basics Inc ($567k), Sylvia Bozeman and Rhonda Hughes Edge Foundation ($567k) and John Kazanjian Family Foundation ($567k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $254k. At year end it held assets of $326k against liabilities of $41k, net assets of $285k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 18%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Back to Basics Inc | West Palm BCH | $567k |
| Sylvia Bozeman and Rhonda Hughes Edge Foundation | Claremont | $567k |
| John Kazanjian Family Foundation | Pennington | $567k |
| Almustaqbal Foundation | Buffalo | $567k |