Quality Insights Inc

Analysis

Quality Insights Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in January 1974, 52 years ago. 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, Quality Insights Inc reported income of $29.7m and spending of $28.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $35.2m to $29.7m (-16%), an average of -4.1% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quality Insights Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within WV. Charities of a similar size with the same main cause include Green Chimneys Childrens Services Inc ($29.7m), Islamic Food and Nutriton Council of America ($29.8m) and Ascension Living Carroll Manor ($29.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $1.7m (6.0% of expenses). Other salaries and wages came to $12.3m. At year end it held assets of $40.7m against liabilities of $3.7m, net assets of $37.0m. It reported 186 employees.