Quarterbacking Childrens Health Foundation

Analysis

Quarterbacking Childrens Health Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in November 1937, 89 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Quarterbacking Childrens Health Foundation reported income of $4.1m and spending of $2.4m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $4.1m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Quarterbacking Childrens Health Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Hendrick Family Foundation ($4.1m), Policy & Innovation Center ($4.1m) and St Davids Community Health Foundation Initiatives ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $100k (4.1% of expenses). Other salaries and wages came to $13k. At year end it held assets of $32.3m against liabilities of $2.0m, net assets of $30.3m. It reported 2 employees.