Worcester Academy
Worcester, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M 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 | $34,587,965↓51% | $32,083,898↓1% | $149,640,223↑4% | — |
| 2022 | $71,283,222↑137% | $32,353,683↑4% | $144,370,971↑19% | — |
| 2021 | $30,022,634↓4% | $31,235,426↓1% | $121,807,023↑11% | — |
| 2020 | $31,140,946↓13% | $31,611,678 | $109,627,128 | — |
| 2019 | $35,817,730↑15% | $31,739,303↑2% | $109,749,508↑4% | — |
| 2018 | $31,145,696↑11% | $31,132,557↑4% | $105,465,505↑1% | — |
| 2017 | $28,185,024↓2% | $29,888,843↓1% | $104,839,298↑2% | — |
| 2016 | $28,867,730↓7% | $30,184,001↓1% | $103,173,138↓5% | — |
| 2015 | $30,991,382↑9% | $30,349,458↑11% | $108,060,710↑6% | — |
| 2014 | $28,460,242↑3% | $27,413,537↓2% | $101,971,010↑7% | — |
| 2013 | $27,578,509↑8% | $28,069,685↑13% | $94,904,394↑3% | — |
| 2012 | $25,554,331↓4% | $24,792,364↑4% | $91,942,528 | — |
| 2011 | $26,756,968 | $23,881,102 | $91,785,488 | — |
Frequently Asked Questions
What does Worcester Academy do?▼
Worcester Academy is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Worcester Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Worcester Academy has a score of 83/100 (Grade: A-). 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 Academy generate?▼
Worcester Academy reports $36.7M in annual revenue and holds $159.4M in total assets, based on IRS filings.
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