Quixote Center Incorporated

Analysis

Quixote Center Incorporated is a registered charity in United States, based in Sandy Spring, MD. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Quixote Center Incorporated reported income of $411k and spending of $451k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $532k to $411k (-23%), an average of -5.0% a year. The sharpest change came in the year to June 2021, when income rose by 344%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Quixote Center Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Friends of Sabeel-North America ($411k), Operation Broken Silence ($411k) and Hands on Africa NFP ($411k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $117k (26% of expenses). Other salaries and wages came to $102k. At year end it held assets of $648k against liabilities of $237k, net assets of $411k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.