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Quality Independent Living Corp Inc

Audubon, New Jersey · EIN 22-2846727 · tax-exempt since 1990

C

Charity Clarity grade C (score 53.3 of 100), based on the Form 990 for the year ended August 2024.

Graded against 117,084 unclassified nonprofits with revenue $100K–$500K filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.-21.1 months0
GovernanceBoard independence, key policies and audit, per the 990.81% of practices81
Margin stabilityHow steady the surplus or deficit is year to year.91
Revenue spreadHow much revenue rests on one type of income.84% from one source30
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.92.6%not scored
Management costsShare of spending.7.4%not scored
Cost to raise $1Fundraising cost per dollar given.$0.00not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20162017201820192021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Aug 2024Form 990$367K$356K$11K−$625K-21.11C
Aug 2023Form 990$362K$348K$14K−$634K-21.91D
Aug 2022Form 990$334K$339K−$5,104−$648K-23.01D
Aug 2021Form 990$327K$340K−$14K−$643K-22.72D
Aug 2019Form 990$329K$361K−$32K−$593K-19.74D
Aug 2018Form 990$333K$347K−$14K−$561K-19.42D
Aug 2017Form 990$325K$357K−$32K−$594K-19.90D
Aug 2016Form 990$316K$352K−$36K−$576K-19.60D

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation: