PENQUIS C A P INC

BANGOR, ME, 04401-4952 (207) 973-3500 Est. 1967 EIN 01-6023748
P20— Human Services Form 990 501(c)(3)
www.penquis.org

Mission

THE MISSION IS TO ASSIST INDIVIDUALS AND FAMILIES IN PREVENTING, REDUCING, OR ELIMINATING POVERTY IN THEIR LIVES, AND, THROUGH PARTNERSHIPS, TO ENGAGE THE COMMUNITY IN ADDRESSING ECONOMIC AND SOCIAL NEEDS.

Giving Portfolio

Total Grants
9
Total Giving
$825K
Recipients
9
Years Active
2017 - 2022
Avg grant: $84,312 Median: $84,914

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20221$17K $17K01
20211$80K $80K01
20201$89K $89K01
20192$205K $102K02
20182$161K $81K02
20172$273K $137K20

Sectors Funded

Human Services
6
Community Improvement
3

Top States

Maine
9

Grantee Size Profile

$1M - $5M
6
$500K - $1M
3

Top Grantees

ME - 6 grants
$477K
ME - 3 grants
$348K

Grants Awarded · 9 grants

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Financials

Total Revenue
$66,496,748
Total Expenses
$65,733,828
Net Assets
$41,144,984
621 employees 523 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
7.5 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 9.4%
Expenses ↓ 8.7%
Revenue Sources
Contributions 40.1% Earned revenue 58.3% Investment 1.6%
Expense Breakdown
Program 94.5% Management 4.6% Fundraising 0.9%

Officers & Trustees (23)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Oct 1, 2023 to Sep 30, 2024
$66,496,748 $65,733,828$41,144,984
2022 Form 990
Oct 1, 2022 to Sep 30, 2023
$73,415,413 $71,969,421$38,137,751
2021 Form 990
Oct 1, 2021 to Sep 30, 2022
$95,667,041 $93,465,672$33,482,864
2020 Form 990
Oct 1, 2020 to Sep 30, 2021
$78,266,068 $68,721,914$38,467,810
2019 Form 990
Oct 1, 2019 to Sep 30, 2020
$60,528,357 $55,346,473$25,570,556
2018 Form 990
Oct 1, 2018 to Sep 30, 2019
$54,846,479 $54,242,474$19,964,778
2017 Form 990
Oct 1, 2017 to Sep 30, 2018
$40,205,726 $39,539,485$14,471,549

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EIN: 01-6023748 · Source: IRS Form 990 e-file data