B — EducationEIN: 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$5,956,660↓36%$5,625,807↑6%$15,145,105↓7%
2022$9,283,612↑88%$5,297,929↑9%$16,295,228↑22%
2021$4,936,647↓3%$4,853,892↓9%$13,402,592↑13%
2020$5,097,147↓8%$5,318,813↓1%$11,834,280↓1%
2019$5,532,475↑6%$5,389,873↑3%$11,906,506↑3%
2018$5,222,483↑1%$5,243,769↑3%$11,552,706↑3%
2017$5,194,883↑10%$5,099,713↑1%$11,187,549↑4%
2016$4,738,156↓17%$5,065,213↑2%$10,711,030↓3%
2015$5,703,322↑4%$4,984,408↑4%$11,074,282↓2%
2014$5,474,113↑25%$4,804,902↑5%$11,283,617↑25%
2013$4,377,052↓7%$4,558,416↑8%$9,031,989↓1%
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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Portland Public Library — Portland, ME | GiveScope