The Quell Foundation

Analysis

The Quell Foundation is a registered charity in United States, based in N Falmouth, MA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, 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 March 2024, The Quell Foundation reported income of $2.0m and spending of $1.1m, leaving 45% of income unspent that year. Across the 5 years on record, from September 2019 to March 2024, income grew from $1.0m to $2.0m (+97%), an average of +18% a year. The sharpest change came in the year to March 2024, when income rose by 127%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Quell Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Developmental Fx-The Developmental & Fragile X Resource Centre ($2.0m), Leadingage Washington ($2.0m) and Insure the Uninsured Project ($2.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 63% and program service revenue 27% of the total. Other salaries and wages came to $329k. At year end it held assets of $2.7m against liabilities of $145k, net assets of $2.5m. It reported 7 employees.