Schole Quad Cities

Analysis

Schole Quad Cities is a registered charity in United States, based in Bettendorf, IA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Schole Quad Cities reported income of $77k and spending of $66k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $77k (+12%), an average of +12% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Schole Quad Cities sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include Hays High Athletic Booster Club ($77k), University of Illinois Dads Association Inc ($77k) and Miami Youth Orchestra Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.