Worcester State Foundation Inc
Worcester, Massachusetts
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 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,251,574↑113% | $1,976,615↓14% | $48,675,342↑24% | — |
| 2022 | $3,879,031↓46% | $2,288,643↑13% | $39,235,883↓14% | — |
| 2021 | $7,166,785↑138% | $2,032,248 | $45,638,804↑32% | — |
| 2020 | $3,015,775↓16% | $2,041,610↑27% | $34,572,154↑5% | — |
| 2019 | $3,604,598↓42% | $1,613,843↑3% | $32,840,849↑5% | — |
| 2018 | $6,201,798↑57% | $1,569,324↑6% | $31,419,242↑20% | — |
| 2017 | $3,945,559↑49% | $1,481,526↓43% | $26,209,450↑14% | — |
| 2016 | $2,654,579↓17% | $2,603,975↑43% | $22,979,865↑2% | — |
| 2015 | $3,202,189↓19% | $1,823,335↑48% | $22,617,169 | — |
| 2014 | $3,974,044↑73% | $1,230,992↑29% | $22,632,264↑21% | — |
| 2013 | $2,293,467↑32% | $956,397↓24% | $18,744,481↑16% | — |
| 2012 | $1,743,403↑5% | $1,256,472↑79% | $16,092,725↓2% | — |
| 2011 | $1,665,450 | $700,508 | $16,364,326 | — |
Frequently Asked Questions
What does Worcester State Foundation Inc do?▼
Worcester State Foundation Inc is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B820 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Worcester State Foundation Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Worcester State Foundation Inc has a score of 73/100 (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 Worcester State Foundation Inc generate?▼
Worcester State Foundation Inc reports $3.3M in annual revenue and holds $54.2M in total assets, based on IRS filings.
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