Quilt for a Cause Inc

Analysis

Quilt for a Cause Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2024, Quilt for a Cause Inc reported income of $54k and spending of $49k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $63k to $54k (-15%), an average of -15% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Quilt for a Cause Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Atlceft Inc ($54k), Downriver I I Y J Inc ($54k) and Recovery Resources Living in Sobriety Inc ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.7% of the total. At year end it held assets of $78k against liabilities of $18, net assets of $77k.