Hospital Quality Institute

Analysis

Hospital Quality Institute is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Hospital Quality Institute reported income of $4.6m and spending of $4.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $4.6m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospital Quality Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Sephardic Food Fund Inc ($4.6m), Northeast Oklahoma Community Action Agency Inc ($4.6m) and Care to Learn ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $536k (12% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.1m against liabilities of $1.1m, net assets of $3.0m.