Quality of Life Health Services Inc

Analysis

Quality of Life Health Services Inc is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in December 1979, 47 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2024, Quality of Life Health Services Inc reported income of $37.1m and spending of $35.5m, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $36.9m to $37.1m (+0.4%), an average of +0.1% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Quality of Life Health Services Inc 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 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Emhfl Inc ($37.0m), Freeman Neosho Hospital ($37.1m) and St Patricks Manor Inc ($37.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 66% and program service revenue 32% of the total. Other salaries and wages came to $12.9m. At year end it held assets of $48.8m against liabilities of $1.4m, net assets of $47.4m. It reported 209 employees.