TPhilanthropy, Voluntarism & GrantmakingEIN: 042572276· Ruling Year: 1976

Greater Worcester Community Foundation Inc

Worcester, Massachusetts

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org12.27×
Peer Median11.98×
💰
$13.7M
Total Revenue
📊
$13.0M
Total Expenses
🏦
$158.9M
Net Assets
📋
$47.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.3%
Year-over-year change (2022 → 2023)
Net Margin
+5.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.27
Net assets divided by total expenses
Liabilities-to-Assets
22.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,729,21932%$12,954,46410%$206,196,64917%
2022$20,277,51011%$11,792,88226%$175,495,57812%
2021$22,847,42326%$16,023,98212%$200,476,25211%
2020$18,119,70568%$18,282,15872%$180,066,1578%
2019$10,805,53317%$10,609,3866%$167,101,55114%
2018$13,056,27161%$9,988,71613%$146,605,7747%
2017$8,117,71889%$11,456,84920%$157,015,40512%
2016$4,291,76957%$9,549,40412%$140,150,3463%
2015$9,895,1114%$8,546,5881%$135,573,3042%
2014$9,527,68014%$8,629,5061%$138,990,5512%
2013$8,353,02217%$8,560,33011%$136,666,18010%
2012$10,086,55812%$7,684,0532%$124,690,2688%
2011$9,019,432$7,551,582$115,965,007

Frequently Asked Questions

What does Greater Worcester Community Foundation Inc do?

Greater Worcester Community Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Massachusetts. It is classified under NTEE code T310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Greater Worcester Community Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Greater Worcester Community Foundation Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Greater Worcester Community Foundation Inc generate?

Greater Worcester Community Foundation Inc reports $14.8M in annual revenue and holds $227.4M in total assets, based on IRS filings.

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Greater Worcester Community Foundation Inc — Worcester, MA | GiveScope