Otis Library
Norwich, Connecticut
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 | $1,675,764↑9% | $1,735,621↑8% | $11,564,936↓1% | — |
| 2022 | $1,541,355↓11% | $1,602,690↑3% | $11,685,396↓5% | — |
| 2021 | $1,741,210↑41% | $1,554,274↑8% | $12,269,638↑5% | — |
| 2020 | $1,238,996↑8% | $1,443,463↓6% | $11,632,150↓1% | — |
| 2019 | $1,148,295↓42% | $1,540,376↓2% | $11,706,197↓2% | — |
| 2018 | $1,991,140↑19% | $1,579,508↑3% | $11,960,393↓2% | — |
| 2017 | $1,668,997↑15% | $1,527,800↑2% | $12,220,319↑2% | — |
| 2016 | $1,448,566↓66% | $1,500,057↑3% | $11,939,869↓8% | — |
| 2015 | $4,311,619↑220% | $1,456,663↓8% | $12,974,065↑27% | — |
| 2014 | $1,348,351↑5% | $1,580,621↓6% | $10,221,217↓1% | — |
| 2013 | $1,283,835↑10% | $1,673,665↑1% | $10,312,194↓3% | — |
| 2012 | $1,164,163↓4% | $1,664,975↑5% | $10,602,941↓4% | — |
| 2011 | $1,206,907 | $1,578,629 | $11,034,151 | — |
Frequently Asked Questions
What does Otis Library do?▼
Otis Library is a education nonprofit organization based in Connecticut. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Otis Library financially healthy?▼
Based on our 9-metric Financial Health Score model, Otis Library has a score of 62/100 (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 Otis Library generate?▼
Otis Library reports $2.1M in annual revenue and holds $11.9M in total assets, based on IRS filings.
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