Qasd Foundation

Analysis

Qasd Foundation is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Qasd Foundation reported income of $254k and spending of $333k, spending 131% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $287k to $254k (-12%), an average of -4.1% a year. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Qasd Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within KY. Charities of a similar size with the same main cause include Pacific Century Institute Inc ($254k), Friends of the Peace Parks Inc ($254k) and Project Agape Inc ($254k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,371 against liabilities of $0, net assets of $5,371.

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.