Qualitative Solutions

Analysis

Qualitative Solutions is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Qualitative Solutions reported income of $1.5m and spending of $1.2m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $270k to $1.5m (+453%), an average of +77% a year. The sharpest change came in the year to December 2022, when income rose by 298%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Qualitative Solutions sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Plenty Doors Community Development Corporation ($1.5m), Park Central Development Corporation ($1.5m) and Knox County Land Reutilization Corporation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $162k (14% of expenses). Other salaries and wages came to $190k. At year end it held assets of $960k against liabilities of $12k, net assets of $949k. It reported 4 employees.