BEducationEIN: 364640304· Ruling Year: 2009

Community Libraries Of Providence

Providence, Rhode Island

BHealth Score
63B

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 Org0.50×
Peer Median20.77×
💰
$5.8M
Total Revenue
📊
$6.4M
Total Expenses
🏦
$3.2M
Net Assets
📋
$358K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.7%
Year-over-year change (2022 → 2023)
Net Margin
-10.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.50
Net assets divided by total expenses
Liabilities-to-Assets
10.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,801,9531%$6,383,52912%$3,543,7855%
2022$5,761,2316%$5,706,1152%$3,365,0675%
2021$6,105,94013%$5,837,3033%$3,536,5689%
2020$5,421,04710%$5,690,2903%$3,880,18310%
2019$5,993,2653%$5,498,5402%$3,513,61414%
2018$6,148,69217%$5,413,8933%$3,072,83736%
2017$5,255,4617%$5,254,4916%$2,260,9331%
2016$5,675,65013%$4,974,5303%$2,293,74355%
2015$5,006,30812%$5,117,4544%$1,482,52916%
2014$5,720,9016%$5,325,4048%$1,766,94042%
2013$5,392,35810%$4,915,0742%$1,240,39472%
2012$4,892,3763%$4,803,4251%$721,41024%
2011$4,750,218$4,761,040$581,886

Frequently Asked Questions

What does Community Libraries Of Providence do?

Community Libraries Of Providence is a education nonprofit organization based in Rhode Island. It is classified under NTEE code B70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Community Libraries Of Providence financially healthy?

Based on our 9-metric Financial Health Score model, Community Libraries Of Providence has a score of 63/100 (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 Community Libraries Of Providence generate?

Community Libraries Of Providence reports $6.5M in annual revenue and holds $3.4M in total assets, based on IRS filings.

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Community Libraries Of Providence — Providence, RI | GiveScope