Logo for "Greater Worcester Community Foundation"

Greater Worcester Community Foundation

Greater Worcester Community Foundation

WORCESTER, MA, US
•
a.k.a Greater Worcester Community Foundation
•
501(c)(3)
•
EIN
04-2572276
•
WWW.GREATERWORCESTER.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Logo for "Greater Worcester Community Foundation"

Greater Worcester Community Foundation

WORCESTER, MA, US
•
a.k.a Greater Worcester Community Foundation
•
501(c)(3)
•
EIN
04-2572276
•
WWW.GREATERWORCESTER.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$14,849,500

Contributions
44%
Other
33%
Investments
18%
Government Grants
3%
Program Services
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$12,810,296

Grants
67%
Salaries & Benefits
15%
Fees to Service Providers
13%
Other
2%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$9,232,094
$6,523,639
-29%
Government Grants
$1,902,743
$390,929
-79%
Fundraising Events
$0
$0
-
Program Services
$313,721
$381,203
+22%
Membership Dues
$0
$0
-
Investments
$2,569,815
$2,626,183
+2%
Other
-$289,154
$4,927,546
-1804%
Total Revenues
$13,729,219
$14,849,500
+8%
Expenses
2023
2024
Change
Grants
$8,876,784
$8,528,859
-4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,417,410
$1,931,820
+36%
Fees to Service Providers
$1,954,592
$1,711,605
-12%
Advertising & Promotion
$123,519
$96,301
-22%
Offices, Occupancy & IT
$167,497
$225,742
+35%
Interest
$0
$0
-
Depreciation
$19,495
$16,021
-18%
Other
$395,167
$299,948
-24%
Total Expenses
$12,954,464
$12,810,296
-1%
Net income
2023
2024
Change
Net income
+$774,755
+$2,039,204
+163%
Functional Expenses
Summary
2023
2024
Change
Program
$11,169,217
$11,493,927
+3%
Admin
$947,345
$557,171
-41%
Fundraising
$837,902
$759,198
-9%
Total Expenses
$12,954,464
$12,810,296
-1%
Income Statement
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