BEducationEIN: 046047185· Ruling Year: 1934

Woburn Public Library

Woburn, Massachusetts

B+Health Score
74B+

Financial Health Score

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

Good

How This Organization Compares

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

💰
$2.1M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$12.9M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.9%
Year-over-year change (2023 → 2024)
Net Margin
-4.8%
Revenue minus expenses as % of revenue

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$2,055,72116%$2,153,8371%$12,918,3652%
2023$2,445,76426%$2,127,59039%$12,681,176
2022$1,942,2231%$1,528,53012%$12,733,2363%
2021$1,952,7683%$1,736,13519%$13,086,3046%
2020$1,887,47028%$2,150,47023%$12,303,6522%
2019$1,469,71030%$1,743,20625%$12,571,7502%
2018$2,105,6673%$1,394,4143%$12,353,4626%
2017$2,039,45854%$1,352,84410%$11,642,2096%
2016$1,320,8946%$1,234,9381%$10,955,5951%
2015$1,244,80938%$1,249,4802%$10,870,0652%
2014$2,002,91358%$1,224,65118%$10,641,3038%
2013$1,264,01126%$1,034,3603%$9,863,0412%
2012$1,709,81822%$1,007,7484%$9,633,3908%
2011$1,402,942$1,048,285$8,931,320

Frequently Asked Questions

What does Woburn Public Library do?

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

Is Woburn Public Library financially healthy?

Based on our 9-metric Financial Health Score model, Woburn Public Library has a score of 74/100 (Grade: B+). 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 Woburn Public Library generate?

Woburn Public Library reports $2.8M in annual revenue and holds $13.3M in total assets, based on IRS filings.

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