Lake County Public Library
Merrillville, Indiana
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 73 peers in Education with $10M-$100M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $14,021,802↑7% | $14,065,129↑7% | $39,813,923 | — |
| 2022 | $13,114,699↑3% | $13,191,357↑9% | $39,857,250 | — |
| 2021 | $12,781,082↑1% | $12,081,798 | $39,933,908↑2% | — |
| 2020 | $12,619,949↓12% | $12,109,300↓6% | $39,234,624↓2% | — |
| 2019 | $14,263,042↑1% | $12,817,519↑1% | $40,188,975↓2% | — |
| 2018 | $14,068,494↑4% | $12,656,397↑3% | $41,023,452↓2% | — |
| 2017 | $13,498,098↓3% | $12,301,013↑4% | $41,806,355↓2% | — |
| 2016 | $13,968,724↑5% | $11,822,153↑2% | $42,754,270 | — |
| 2015 | $13,335,669↓1% | $11,629,329↓1% | $42,712,699↓4% | — |
| 2014 | $13,406,219↑7% | $11,717,324↓6% | $44,566,359↓4% | — |
| 2013 | $12,530,416 | $12,432,418↑11% | $46,387,464↓8% | — |
| 2012 | $12,531,129↓38% | $11,213,866↓2% | $50,439,466 | — |
| 2011 | $20,270,273 | $11,462,463 | $50,563,111 | — |
Frequently Asked Questions
What does Lake County Public Library do?▼
Lake County Public Library is a education nonprofit organization based in Indiana. It is classified under NTEE code B700 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake County Public Library financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake County Public Library has a score of 75/100 (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 Lake County Public Library generate?▼
Lake County Public Library reports $15.3M in annual revenue and holds $40.5M in total assets, based on IRS filings.