BEducationEIN: 342052912· Ruling Year: 2006

Providence Public Library Foundation

Providence, Rhode Island

BHealth Score
60B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org9.45×
Peer Median20.77×
💰
$1.6M
Total Revenue
📊
$3.3M
Total Expenses
🏦
$31.2M
Net Assets
📋
$582K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-47.8%
Year-over-year change (2022 → 2023)
Net Margin
-105.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.45
Net assets divided by total expenses
Liabilities-to-Assets
1.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,605,58848%$3,296,77221%$31,738,9172%
2022$3,076,68311%$2,726,61829%$32,290,02215%
2021$2,771,5241042%$3,843,75035%$38,016,14314%
2020$242,60191%$2,850,44114%$33,366,9614%
2019$2,603,06718%$2,490,0358%$34,877,2583%
2018$2,209,15164%$2,304,2499%$35,857,9747%
2017$1,345,61435%$2,535,6626%$33,589,0534%
2016$2,056,44218%$2,384,1304%$32,242,9355%
2015$1,748,28447%$2,472,4935%$33,980,5282%
2014$3,287,35059%$2,357,99216%$34,555,8248%
2013$2,062,4693%$2,029,3326%$31,950,0065%
2012$1,994,33570%$2,158,70623%$30,323,6615%
2011$6,665,414$2,812,696$31,820,384

Frequently Asked Questions

What does Providence Public Library Foundation do?

Providence Public Library Foundation is a education nonprofit organization based in Rhode Island. It is classified under NTEE code B117 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Public Library Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Providence Public Library Foundation has a score of 60/100 (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 Providence Public Library Foundation generate?

Providence Public Library Foundation reports $2.4M in annual revenue and holds $31.0M in total assets, based on IRS filings.

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