Quality Education Services and Training

Analysis

Quality Education Services and Training is a registered charity in United States, based in Yuba City, CA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover employment, 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 June 2024, Quality Education Services and Training reported income of $3.0m and spending of $3.2m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.0m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Quality Education Services and Training sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Citysquare Housing ($3.0m), Glenbrook Underground Inc ($3.0m) and Hawaii Executive Collaborative ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $75k (2.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.9m against liabilities of $472k, net assets of $2.4m. It reported 111 employees.