Quality Enterprises of Lawton Inc

Analysis

Quality Enterprises of Lawton Inc is a registered charity in United States, based in Lawton, OK. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Quality Enterprises of Lawton Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $816k to $1.2m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quality Enterprises of Lawton Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include Gallatin Day Care Center Inc ($1.2m), Christian Benevolent Association Foundation ($1.2m) and Ronald McDonald House of Scranton Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Other salaries and wages came to $748k. At year end it held assets of $209k against liabilities of $225k, net assets of -$16k. It reported 7 employees.