Quilters Guild of Plano

Analysis

Quilters Guild of Plano is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Quilters Guild of Plano reported income of $77k and spending of $68k, spending 88% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $65k to $77k (+20%), an average of +9.3% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quilters Guild of Plano sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Vidya Jyoti- Global Education Opportunity Foundation ($77k), Essex County Legal Aid Association ($77k) and Garden Club of Dayton ($77k).

On its Form 990-EZ for the period ending September 2024, revenue came from program service revenue 8.2% of the total. At year end it held assets of $173k against liabilities of $2,133, net assets of $171k.