QUINCY COMMUNITY ACTION PROGRAMS INC

QUINCY, MA, 02169-5241 (617) 657-5330 Est. 1965 EIN 04-2391348

Form 990 501(c)(3)

WWW.QCAP.ORG

Mission

THROUGH PARTNERSHIPS, COMMUNITY ENGAGEMENT, AND ADVOCACY FOR RACIAL, SOCIAL, AND ECONOMIC JUSTICE, WE PROVIDE PATHWAYS TO ASSIST FAMILIES AND INDIVIDUALS FROM DIVERSE BACKGROUNDS IN THEIR EFFORTS TO REALIZE ECONOMIC OPPORTUNITY AND CREATE MEANINGFUL CONNECTIONS TO IMPROVE THE QUALITY OF THEIR LIVES.

Financials

Total Revenue

$61,412,019

Total Expenses

$60,936,137

Net Assets

$8,165,366

156 employees 270 volunteers

From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve

1.6 months Low

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 17.4%

Expenses ↑ 19.8%

Revenue Sources

Contributions 94.4% Earned revenue 4.9% Other 1.0%

Expense Breakdown

Program 96.9% Management 3.0%

Officers & Key Employees (27)

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Grants Received (200)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$61,412,019 ↑	$60,936,137	$8,165,366
2022 Form 990	$52,293,027 ↑	$50,858,665	$7,635,327
2021 Form 990	$46,800,938 ↑	$45,212,309	$6,129,792
2020 Form 990	$36,043,258 ↓	$35,863,190	$4,386,556
2019 Form 990	$43,148,267 ↑	$42,757,268	$4,097,003
2018 Form 990	$30,736,802 ↑	$30,453,650	$3,673,606
2017 Form 990	$28,063,461	$27,834,379	$3,396,940