Quakes Foundation

Analysis

Quakes Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2008, 18 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 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, Quakes Foundation reported income of $446k and spending of $386k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $446k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Quakes Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Florida Association of School Resource Officers Inc ($445k), Fresh Start for All Nations ($446k) and Sertoma Centers My Life Foundation Inc ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $156k. At year end it held assets of $200k against liabilities of $122k, net assets of $79k.