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Worcester Academy

Public charity990-T FY2023
DBA: % WORC
Other · WORCESTER, MA · EIN 04-2105855

About

Worcester academy exists to instill in its students the desire to learn throughout life, to engage passionately with the world around them, and to be honorable persons of strong and resourceful character.

In care of WORC

Donations are tax-deductible
Category
Other
Employees
260
Volunteers
0

Financial Snapshot

FY ending 2024-06-30
Revenue
$36.7M
Expenses
$33.1M
Assets
$159.4M
Liabilities
$21.2M

Financial history

$71.3M$35.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $36.7M · Peak FY2022: $71.3M · Avg: $38.1M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$7.2M
WORCESTER ACADEMY
Your actions

Address

81 Providence ST
Worcester, MA, 01604-420

Governance

Voting board members23
Independent members23
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %31.6%
Permanent endowment %68.4%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersNo
Net to org-$288K
Retained by contractors$288K
ChannelsMail
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.