Quabbin Healthcare Inc

Analysis

Quabbin Healthcare Inc is a registered charity in United States, based in Gardner, MA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Quabbin Healthcare Inc reported income of $449k and spending of $1.1m, spending 242% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $449k (-64%), an average of -22% a year. The sharpest change came in the year to September 2022, when income dropped by 161%. Over the whole period it spent 203% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Quabbin Healthcare Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Fair Share Support Services ($449k), Independent Health Network Inc ($449k) and React 19 Inc ($449k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $300k against liabilities of $276k, net assets of $24k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.