Quickshot Benevolent Inc

Analysis

Quickshot Benevolent Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2016, 10 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, Quickshot Benevolent Inc reported income of $88k and spending of $122k, spending 138% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $376k to $88k (-76%), an average of -38% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quickshot Benevolent Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within GA. Charities of a similar size with the same main cause include LB Homes Foundation Inc ($88k), Artistic Realization Technologies Inc ($88k) and Erna Lindenfeld Hachnasos Kallah Fund of Queens Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $441k against liabilities of $0, net assets of $441k.