Quality Care Health Foundation

Analysis

Quality Care Health Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Quality Care Health Foundation reported income of $1.4m and spending of $2.0m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.4m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2022, when income rose by 4547%. Over the whole period it spent 21% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Quality Care Health Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Ebensburg Area Ambulance Association ($1.4m), St Vincent Infirmary Development Foundation ($1.4m) and Life Enrichment Trust Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $113k (5.7% of expenses). Other salaries and wages came to $236k. At year end it held assets of $25.4m against liabilities of $515k, net assets of $24.9m. It reported 8 employees.