Quality of Life Foundation

Analysis

Quality of Life Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Quality of Life Foundation reported income of $308k and spending of $57k, leaving 81% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $147k to $308k (+109%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 155%. Over the whole period it spent 9.7% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Quality of Life Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NE. Charities of a similar size with the same main cause include Catharine a Harrison Fund ($308k), Houston Diesels Inc ($308k) and Sawnee Electric Membership Foundation Inc ($308k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.