Rachel Quinn Childrens Foundation Inc

Analysis

Rachel Quinn Childrens Foundation Inc is a registered charity in United States, based in Patchogue, NY. It received its IRS tax-exemption ruling in April 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 (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, Rachel Quinn Childrens Foundation Inc reported income of $67k and spending of $49k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $67k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rachel Quinn Childrens Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Hitchcock Isd Education Foundation Inc ($67k), Guggenheim Hsa Incorporated ($67k) and Cissna Park Education Foundation Inc Nonprofit Organization ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.