Patten Free Library
Bath, Maine
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 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,302,929↓8% | $1,060,757↑1% | $10,907,875↑4% | — |
| 2022 | $1,415,338↑12% | $1,047,955↑13% | $10,442,348↓17% | — |
| 2021 | $1,262,039↑7% | $930,479↓2% | $12,577,790↑18% | — |
| 2020 | $1,180,753↑4% | $945,545↑3% | $10,617,181↑4% | — |
| 2019 | $1,139,336↓13% | $921,483↑2% | $10,167,451↑2% | — |
| 2018 | $1,308,276↓12% | $901,103↑8% | $9,951,475↑4% | — |
| 2017 | $1,490,529↑134% | $836,331↑2% | $9,543,725↑7% | — |
| 2016 | $637,924↓14% | $823,094 | $8,885,510↓2% | — |
| 2015 | $740,898↓54% | $820,251↑5% | $9,071,215↓1% | — |
| 2014 | $1,598,675↑39% | $780,526↑5% | $9,147,054↑10% | — |
| 2013 | $1,153,872↑50% | $739,937 | $8,332,602↑5% | — |
| 2012 | $767,350 | $739,693 | $7,918,522 | — |
Frequently Asked Questions
What does Patten Free Library do?▼
Patten Free Library is a education nonprofit organization based in Maine. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Patten Free Library financially healthy?▼
Based on our 9-metric Financial Health Score model, Patten Free Library has a score of 82/100 (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 Patten Free Library generate?▼
Patten Free Library reports $1.6M in annual revenue and holds $12.3M in total assets, based on IRS filings.