Quaker City
- Assets
- $8.3m
- Revenue
- $1.0m
- Investments
- $7.8m
- Employees
- 0
- Location
- Chester Springs, PA
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 52-6854624
Organization Overview
Quaker City is located in Chester Springs, PA. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quaker City is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Quaker City generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Quaker City has awarded 481 individual grants totaling $6,402,950. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50,131 |
| Dividends & Interest | $212,206 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $741,755 |
| Capital Gain Net Income | $741,755 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,839 |
| Total Revenue | $1,007,931 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,024 |
| Other employee salaries and wages | $57,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,122 |
| Depreciation | $62 |
| Occupancy | $3,961 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80,752 |
| Total operating and administrative expenses | $248,812 |
| Contributions, gifts, grants paid | $1,129,894 |
| Total expenses and disbursements | $1,378,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $461,878 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $475 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,120,711 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,276,429 |
| Accounts payable and accrued expenses | $6,260 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,260 |
Grants Awarded
Over the last fiscal year, Quaker City has awarded $1,129,894 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
THE HOUNDS FOUNDATION PURPOSE: OPERATIONS FOR EXEMPT PURPOSE | $152,548 |
Sherman Oaks, CA PURPOSE: OPERATIONS FOR EXEMPT PURPOSES | $123,000 |
BOYS LATIN OF PHILADELPHIA PURPOSE: OPERATIONS FOR EXEMPT PURPOSE | $102,483 |
USET FOUNDATION PURPOSE: OPERATIONS FOR EXEMPT PURPOSE | $95,000 |
BRANDYWINE CONSERVANCY PURPOSE: OPERATIONS FOR EXEMPT PURPOSE | $58,250 |
THE HAMPTON CLASSIC HORSE SHOW PURPOSE: OPERATIONS FOR EXEMPT PURPOSE | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |