Providence Public Library
Providence, Rhode Island
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,764,095↓10% | $8,768,272↑4% | $31,256,282↑17% | — |
| 2022 | $8,598,972↑33% | $8,415,479↑17% | $26,808,137↓28% | — |
| 2021 | $6,478,555↓14% | $7,213,538↑19% | $36,987,936↑11% | — |
| 2020 | $7,535,662↑9% | $6,065,521↓20% | $33,332,898↑41% | — |
| 2019 | $6,931,345↑18% | $7,619,243↑42% | $23,692,802↑52% | — |
| 2018 | $5,880,907↑24% | $5,350,413↓11% | $15,579,465↑5% | — |
| 2017 | $4,748,166 | $5,987,590↑14% | $14,822,986↓3% | — |
| 2016 | $4,731,804↑5% | $5,244,782↑15% | $15,355,625↓4% | — |
| 2015 | $4,489,068↑3% | $4,550,551↑19% | $16,037,546↓4% | — |
| 2014 | $4,338,924↑38% | $3,812,625↑13% | $16,705,907↓4% | — |
| 2013 | $3,144,551↑180% | $3,363,329↓14% | $17,390,206↑15% | — |
| 2012 | $1,125,007↓76% | $3,902,198↓21% | $15,184,922↓14% | — |
| 2011 | $4,605,061 | $4,921,342 | $17,574,001 | — |
Frequently Asked Questions
What does Providence Public Library do?▼
Providence Public Library is a education nonprofit organization based in Rhode Island. It is classified under NTEE code B700 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Providence Public Library financially healthy?▼
Based on our 9-metric Financial Health Score model, Providence Public Library has a score of 55/100 (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 generate?▼
Providence Public Library reports $8.8M in annual revenue and holds $30.7M in total assets, based on IRS filings.
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