Quality Community Foundation

Analysis

Quality Community Foundation is a registered charity in United States, based in Commerce City, CO. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Community Foundation reported income of $245k and spending of $192k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $230k to $245k (+6.2%), an average of +3.1% a year. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Quality Community Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Rural Community Health Worker Network RCHWN ($245k), Jackson County Twenty-First Century Council ($245k) and Beloit 2020 Corporation ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.