Woburn Public Library
Woburn, Massachusetts
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
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $2,055,721โ16% | $2,153,837โ1% | $12,918,365โ2% | |
| 2023 | $2,445,764โ26% | $2,127,590โ39% | $12,681,176 | โ |
| 2022 | $1,942,223โ1% | $1,528,530โ12% | $12,733,236โ3% | โ |
| 2021 | $1,952,768โ3% | $1,736,135โ19% | $13,086,304โ6% | โ |
| 2020 | $1,887,470โ28% | $2,150,470โ23% | $12,303,652โ2% | โ |
| 2019 | $1,469,710โ30% | $1,743,206โ25% | $12,571,750โ2% | โ |
| 2018 | $2,105,667โ3% | $1,394,414โ3% | $12,353,462โ6% | โ |
| 2017 | $2,039,458โ54% | $1,352,844โ10% | $11,642,209โ6% | โ |
| 2016 | $1,320,894โ6% | $1,234,938โ1% | $10,955,595โ1% | โ |
| 2015 | $1,244,809โ38% | $1,249,480โ2% | $10,870,065โ2% | โ |
| 2014 | $2,002,913โ58% | $1,224,651โ18% | $10,641,303โ8% | โ |
| 2013 | $1,264,011โ26% | $1,034,360โ3% | $9,863,041โ2% | โ |
| 2012 | $1,709,818โ22% | $1,007,748โ4% | $9,633,390โ8% | โ |
| 2011 | $1,402,942 | $1,048,285 | $8,931,320 | โ |
Frequently Asked Questions
What does Woburn Public Library do?โผ
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?โผ
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?โผ
Woburn Public Library reports $2.8M in annual revenue and holds $13.3M in total assets, based on IRS filings.
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