Quail Hollow Employee Fund

Analysis

Quail Hollow Employee Fund is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Quail Hollow Employee Fund reported income of $136k and spending of $48k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $136k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Quail Hollow Employee Fund sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Divine Mercy Human Development Foundation ($136k), Stadium Managers Scholarship Foundation ($136k) and Fight Foundation ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.