Quality Group Homes Inc

Analysis

Quality Group Homes Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in November 1984, 42 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, Quality Group Homes Inc reported income of $11.7m and spending of $10.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.3m to $11.7m (+3.9%), an average of +1.0% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quality Group Homes Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Illuminus Inc ($11.7m), Fraser Ltd ($11.7m) and Comserv Inc ($11.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. Compensation of current officers, directors and key employees was $284k (2.8% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $10.0m against liabilities of $857k, net assets of $9.2m. It reported 144 employees.