Quaker Ridge Employee Charity Fund Inc

Analysis

Quaker Ridge Employee Charity Fund Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Quaker Ridge Employee Charity Fund Inc reported income of $101k and spending of $111k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $101k (+9.8%), an average of +9.8% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Quaker Ridge Employee Charity Fund Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Touchdown Club Boosters Ltd ($101k), LTS Chandler PTO Inc ($101k) and Rotary Club of Montgomery-Rocky Hill Foundation Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.