B โ€” EducationEIN: 010351143ยท Ruling Year: 1991

Belfast Free Library

Belfast, Maine

B+Health Score
69B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$327K
Total Revenue
๐Ÿ“Š
$197K
Total Expenses
๐Ÿฆ
$2.1M
Net Assets
๐Ÿ“‹
$16K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+464.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+39.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.41
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$326,637โ†‘464%$197,156โ†“15%$2,068,009โ†‘8%
2022$57,919โ†“79%$231,334โ†‘63%$1,922,171โ†“10%
2021$270,208โ†‘181%$142,155โ†“11%$2,130,128โ†‘36%
2020$96,272โ†“20%$159,325โ†‘7%$1,571,204โ†“4%
2019$119,706โ†“27%$148,880โ†‘1%$1,642,991โ†‘1%
2018$164,238โ†‘2%$147,084โ†‘5%$1,619,297โ†‘3%
2017$161,669โ†“51%$140,066โ†‘12%$1,569,196โ†‘10%
2016$330,095โ†‘47%$124,530โ†‘22%$1,431,704โ†‘11%
2015$225,077โ†‘51%$102,102โ†“17%$1,294,229โ†‘4%
2014$149,454โ†‘28%$123,338โ†‘28%$1,241,804โ†‘9%
2013$116,316โ†“7%$96,034โ†‘13%$1,142,369โ†‘6%
2012$124,948$84,799$1,073,546

Frequently Asked Questions

What does Belfast Free Library do?โ–ผ

Belfast 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 Belfast Free Library financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Belfast Free Library.

How much revenue does Belfast Free Library generate?โ–ผ

Belfast Free Library reports $379K in annual revenue and holds $2.3M in total assets, based on IRS filings.

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Belfast Free Library โ€” Belfast, ME | GiveScope