BEducationEIN: 060646764· Ruling Year: 1947

New Canaan Library Inc

New Canaan, Connecticut

B+Health Score
70B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org9.59×
Peer Median20.77×
💰
$6.5M
Total Revenue
📊
$5.1M
Total Expenses
🏦
$49.0M
Net Assets
📋
$3.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.5%
Year-over-year change (2023 → 2024)
Net Margin
+21.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.59
Net assets divided by total expenses
Liabilities-to-Assets
6.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$6,531,18336%$5,111,67823%$52,447,5755%
2023$10,132,35855%$4,163,1716%$50,171,94220%
2022$22,594,634416%$3,911,98719%$41,940,63276%
2021$4,382,05756%$3,284,7675%$23,779,0282%
2020$9,886,93828%$3,470,9403%$23,279,80742%
2019$7,753,52243%$3,373,9896%$16,345,64839%
2018$5,412,61236%$3,185,2183%$11,796,23228%
2017$3,978,28223%$3,283,67416%$9,213,01111%
2016$3,236,54915%$2,837,7241%$8,286,1524%
2015$2,820,3846%$2,859,0883%$7,958,011
2014$2,663,3624%$2,774,3808%$7,932,3241%
2013$2,765,27061%$2,573,1665%$7,846,1472%
2012$7,042,765191%$2,703,935$7,699,03858%
2011$2,418,154$2,695,659$4,870,815

Frequently Asked Questions

What does New Canaan Library Inc do?

New Canaan Library Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B700 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Canaan Library Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Canaan Library Inc has a score of 70/100 (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 New Canaan Library Inc generate?

New Canaan Library Inc reports $5.0M in annual revenue and holds $51.0M in total assets, based on IRS filings.

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