Quality Living Inc

Analysis

Quality Living Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 1986, 40 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 (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 Living Inc reported income of $35.2m and spending of $33.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.2m to $35.2m (+17%), an average of +3.9% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Quality Living Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NE. Charities of a similar size with the same main cause include Pender Memorial Hospital Incorporated ($35.1m), Lexmed Inc ($35.2m) and Christopher Greater Area Rural Health Planning Corporation ($35.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $709k (2.1% of expenses). Other salaries and wages came to $19.2m. At year end it held assets of $75.8m against liabilities of $7.6m, net assets of $68.2m. It reported 594 employees.