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Massachusetts · Nonprofit

WORCESTER PUBLIC MARKET INC

WORCESTER PUBLIC MARKET INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $1,150,000 to it, the largest being THE FLETCHER FOUNDATION ($650,000). 2 of them have funded it in more than one year.

Revenue FY2024
$359k
Funders on record
2
Grants received
$1.1M
Net assets
$2.1M
2/2 repeat funderspeak grant-dependency 100%
01What it does

What Worcester Public Market Inc does

Mission

Accommodate a broad spectrum of sizes and types of merchants from individual stall-type vendors to enclosed shops; and from raw produce to value-added food products and ready-to-eat foods.

As stated on its FY2024 Form 990.

Program

  1. Accommodate a broad spectrum of sizes and types of merchants from individual stall-type vendors to enclosed shops; and from raw produce to value-added food products and ready-to-eat foods.

    $554,685 spent$206,004 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $554,685.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($100k) Expenses 100 ($22k) Net assets 100 ($220k)2019 Revenue 1436 ($1.4M) Expenses 3014 ($670k) Net assets 448 ($987k)2020 Revenue 1428 ($1.4M) Expenses 1621 ($360k) Net assets 933 ($2.1M)2021 Revenue 421 ($421k) Expenses 2464 ($547k) Net assets 875 ($1.9M)2022 Revenue 795 ($795k) Expenses 3060 ($680k) Net assets 1063 ($2.3M)2023 Revenue 919 ($919k) Expenses 3512 ($780k) Net assets 1081 ($2.4M)2024 Revenue 359 ($359k) Expenses 2945 ($654k) Net assets 968 ($2.1M)
2018201920202021202220232024
Revenue (359)Expenses (2945)Net assets (968)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $2.0M to $5.5M (+170%).

$220k
$1.1M
$2.2M
$2.0M
$5.5M
$5.3M
$4.9M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 35% · 2020 2% · 2021 8%. Grants only. Government contracts and fees sit inside program revenue.

42% of WORCESTER PUBLIC MARKET INC’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$78k
’18
$767k
’19
$1.1M
’20
−$126k
’21
$115k
’22
$139k
’23
−$295k
’24
3.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920202021202220232024
Listed555555
Joined·+0+0+1+0+0
No longer listed·00100
03Who funds it

Who funds it, year by year

2018 → 2022: the base broadened from 1 funder to 2 funders, grant income rose $100k → $400k.

Funder
'18
'19
'20
'21
'22
'24*
total
funders
1
1
2
1
2
1

From the IRS filings of WORCESTER PUBLIC MARKET INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WORCESTER PUBLIC MARKET INC leans on a few funders — its largest provides 57% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

57%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 57% · 2021 100% · 2022 75% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WORCESTER PUBLIC MARKET INC's grant income comes from Massachusetts funders.

MA

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
Massachusetts out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WORCESTER PUBLIC MARKET INC has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin−82% · bottom quartile
Months of reserve3.2mo · below the median
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Government funding WORCESTER PUBLIC MARKET INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $500k on record.

State$500k
Top programs
  • (PP) STATE AID/POL SUB$500k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like WORCESTER PUBLIC MARKET INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

5
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for WORCESTER PUBLIC MARKET INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WORCESTER PUBLIC MARKET INC?
WORCESTER PUBLIC MARKET INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $1,150,000 to it, the largest being THE FLETCHER FOUNDATION ($650,000). 2 of them have funded it in more than one year.
How many funders does WORCESTER PUBLIC MARKET INC have?
IRS filings report 2 organizations giving $1,150,000 in grants to WORCESTER PUBLIC MARKET INC, 2 of which have funded it in more than one year.
Who is the largest funder of WORCESTER PUBLIC MARKET INC?
THE FLETCHER FOUNDATION is the largest funder on record, with $650,000 in grants. The full list of funders is on this page.
How can an organization like WORCESTER PUBLIC MARKET INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Worcester Public Market →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing