Main South Community Development Corporation
Worcester, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,578,508↓49% | $1,625,803↓52% | $15,549,435↑2% | — |
| 2023 | $3,070,612↓10% | $3,396,972↑16% | $15,279,032↑2% | — |
| 2022 | $3,407,145↑11% | $2,936,022↑4% | $15,010,122↑4% | — |
| 2021 | $3,066,021↑50% | $2,821,589↑8% | $14,439,000↓8% | — |
| 2020 | $2,045,496↑12% | $2,603,629 | $15,712,749 | — |
| 2019 | $1,827,403↓25% | $2,598,739↑29% | $15,776,585↑37% | — |
| 2018 | $2,435,751↓45% | $2,011,641↓24% | $11,517,429↑18% | — |
| 2017 | $4,389,874↑38% | $2,655,242↓21% | $9,726,350↓36% | — |
| 2016 | $3,175,197↑35% | $3,353,390↑37% | $15,240,707↑21% | — |
| 2015 | $2,356,703↓62% | $2,442,432↓66% | $12,639,685 | — |
| 2014 | $6,248,848↑167% | $7,135,998↑163% | $12,651,303↓21% | — |
| 2013 | $2,343,118↓36% | $2,710,820↓31% | $15,943,683↓20% | — |
| 2012 | $3,685,053↑149% | $3,941,388↑101% | $20,046,398↑37% | — |
| 2011 | $1,478,315 | $1,960,617 | $14,653,693 | — |
Frequently Asked Questions
What does Main South Community Development Corporation do?▼
Main South Community Development Corporation is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Main South Community Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Main South Community Development Corporation has a score of 57/100 (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 Main South Community Development Corporation generate?▼
Main South Community Development Corporation reports $5.1M in annual revenue and holds $18.0M in total assets, based on IRS filings.
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