Worcester County Food Bank Inc
Shrewsbury, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $19,580,223↑2% | $17,646,453↑5% | $21,268,903↑15% | |
| 2022 | $19,136,564↓10% | $16,783,359↓1% | $18,509,870↑4% | — |
| 2021 | $21,289,868↑12% | $17,002,625↑8% | $17,808,949↑47% | — |
| 2020 | $18,960,626↑48% | $15,700,413↑22% | $12,114,651↑42% | — |
| 2019 | $12,802,209↓7% | $12,829,903↓6% | $8,558,520↑3% | — |
| 2018 | $13,834,042↑3% | $13,632,028↑10% | $8,312,070↑4% | — |
| 2017 | $13,409,225↑3% | $12,444,808↓2% | $7,982,789↑16% | — |
| 2016 | $13,047,180↑7% | $12,713,680↑6% | $6,861,699↑1% | — |
| 2015 | $12,214,887↑1% | $11,971,379↑8% | $6,792,307↑3% | — |
| 2014 | $12,093,187↑7% | $11,126,970↑3% | $6,606,276↑20% | — |
| 2013 | $11,260,150↑2% | $10,782,411↑3% | $5,486,134↑13% | — |
| 2012 | $11,036,371 | $10,473,591 | $4,833,658 | — |
Frequently Asked Questions
What does Worcester County Food Bank Inc do?▼
Worcester County Food Bank Inc is a food, agriculture & nutrition nonprofit organization based in Massachusetts. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Worcester County Food Bank Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Worcester County Food Bank 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 Worcester County Food Bank Inc generate?▼
Worcester County Food Bank Inc reports $21.6M in annual revenue and holds $24.3M in total assets, based on IRS filings.
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