BEducationEIN: 060672798· Ruling Year: 1970

Westport Library Assoc

Westport, Connecticut

A-Health Score
79A-

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)

This Org3.14×
Peer Median20.77×
💰
$8.4M
Total Revenue
📊
$8.0M
Total Expenses
🏦
$25.1M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+37.1%
Year-over-year change (2022 → 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.14
Net assets divided by total expenses
Liabilities-to-Assets
5.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,374,53237%$7,985,53815%$26,449,7844%
2022$6,108,23914%$6,955,5771%$25,355,6758%
2021$7,094,01614%$6,870,3816%$27,522,269
2020$6,212,24247%$7,300,39318%$27,558,1175%
2019$11,636,5708%$6,179,6861%$29,084,31832%
2018$12,709,09762%$6,146,597$22,082,34646%
2017$7,840,31828%$6,116,3232%$15,098,07520%
2016$6,135,26814%$5,980,3662%$12,535,9245%
2015$7,101,9773%$6,081,4834%$13,255,7142%
2014$7,346,7599%$5,826,99210%$13,007,82221%
2013$8,097,5813%$5,293,9372%$10,710,88836%
2012$8,389,44255%$5,420,2126%$7,876,65161%
2011$5,412,574$5,112,029$4,901,422

Frequently Asked Questions

What does Westport Library Assoc do?

Westport Library Assoc 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 Westport Library Assoc financially healthy?

Based on our 9-metric Financial Health Score model, Westport Library Assoc has a score of 79/100 (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 Westport Library Assoc generate?

Westport Library Assoc reports $7.8M in annual revenue and holds $29.4M in total assets, based on IRS filings.

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