Quecreek Mine Rescue Foundation

Analysis

Quecreek Mine Rescue Foundation is a registered charity in United States, based in Somerset, PA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Quecreek Mine Rescue Foundation reported income of $112k and spending of $81k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $112k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Quecreek Mine Rescue Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Arts and Heritage Center of North Augusta ($112k), Hartland Robotics ($112k) and Arcola Mills Historic Foundation ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.