BEducationEIN: 016000802· Ruling Year: 1943

Portland Public Library

Portland, Maine

A-Health Score
83A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.50×
Peer Median20.77×
💰
$6.0M
Total Revenue
📊
$5.6M
Total Expenses
🏦
$14.1M
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.8%
Year-over-year change (2022 → 2023)
Net Margin
+5.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.50
Net assets divided by total expenses
Liabilities-to-Assets
7.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,956,66036%$5,625,8076%$15,145,1057%
2022$9,283,61288%$5,297,9299%$16,295,22822%
2021$4,936,6473%$4,853,8929%$13,402,59213%
2020$5,097,1478%$5,318,8131%$11,834,2801%
2019$5,532,4756%$5,389,8733%$11,906,5063%
2018$5,222,4831%$5,243,7693%$11,552,7063%
2017$5,194,88310%$5,099,7131%$11,187,5494%
2016$4,738,15617%$5,065,2132%$10,711,0303%
2015$5,703,3224%$4,984,4084%$11,074,2822%
2014$5,474,11325%$4,804,9025%$11,283,61725%
2013$4,377,0527%$4,558,4168%$9,031,9891%
2012$4,702,980$4,206,550$9,166,924

Frequently Asked Questions

What does Portland Public Library do?

Portland Public Library is a education nonprofit organization based in Maine. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Portland Public Library financially healthy?

Based on our 9-metric Financial Health Score model, Portland Public Library has a score of 83/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Portland Public Library generate?

Portland Public Library reports $7.5M in annual revenue and holds $17.3M in total assets, based on IRS filings.

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