Guild of St Agnes of Worcester Inc

Analysis

Guild of St Agnes of Worcester Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Guild of St Agnes of Worcester Inc reported income of $31.1m and spending of $29.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.4m to $31.1m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guild of St Agnes of Worcester Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include The Army Retirement Residence Foundation - San Antonio ($31.1m), Total Action Against Poverty in Roanoke Valley ($31.2m) and West Michigan Partnership for Children ($31.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $233k (0.8% of expenses). Other salaries and wages came to $13.5m. At year end it held assets of $25.7m against liabilities of $9.1m, net assets of $16.6m. It reported 433 employees.