Quilting for Community

Analysis

Quilting for Community is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in November 2019, 7 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, Quilting for Community reported income of $121k and spending of $114k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $121k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quilting for Community sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Christian Care Ministries Inc ($121k), Marys Choices ($121k) and Community Thrift Store Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 13% of the total. At year end it held assets of $52k against liabilities of $1,231, net assets of $51k.