Financial Information for Worcester Business Development Corporation

Worcester Business Development Corporation's annual revenue was $1.8M in tax year 2025, reported on their IRS Form 990. They spent $1.8M in total expenses. 88% went to programs and services.

Financial Breakdown

What is Worcester Business Development Corporation's total annual expenses?

Worcester Business Development Corporation spent $1.8M in tax year 2025, according to their IRS Form 990 filing.

How much of Worcester Business Development Corporation's budget goes to programs?

Worcester Business Development Corporation spent $1.6M (88% of expenses) on programs and services in tax year 2025.

How much does Worcester Business Development Corporation spend on overhead?

Worcester Business Development Corporation's overhead in tax year 2025 includes administrative (12%) of their expenses.

What is Worcester Business Development Corporation's net worth?

Worcester Business Development Corporation had net assets of $18.8M as of the end of tax year 2025.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.