Quinter Community Development Inc

Analysis

Quinter Community Development Inc is a registered charity in United States, based in Quinter, KS. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Quinter Community Development Inc reported income of $73k and spending of $49k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $73k (+320%), an average of +320% a year. The sharpest change came in the year to December 2023, when income rose by 320%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Quinter Community Development Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KS. Charities of a similar size with the same main cause include Richland Community Club Inc ($73k), Hagerstown Revitalization Corporation ($73k) and Braintree Rotary Foundation Inc ($73k).

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 $41k against liabilities of $796, net assets of $41k.