Quinsigamond Village Community Center

Analysis

Quinsigamond Village Community Center is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in March 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Quinsigamond Village Community Center reported income of $82k and spending of $38k, leaving 53% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $19k to $82k (+323%), an average of +323% a year. The sharpest change came in the year to September 2023, when income rose by 323%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quinsigamond Village Community Center sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Korean School of New York Inc ($82k), Ramona Dynasty Music Booster Association ($82k) and Father McElligott Sacred Heart School Foundation ($82k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.