QG Community Charities Inc

Analysis

QG Community Charities Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in April 2015, 11 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 December 2023, QG Community Charities Inc reported income of $303k and spending of $307k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $213k to $303k (+43%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, QG Community Charities Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include One Heart One Mind ($303k), Taking It to the Streets ($303k) and Delaware Valley Food Pantry Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.