ZUnclassifiedEIN: 060850218· Ruling Year: 1969

Hanover Public Library Association Inc

Hanover, Pennsylvania

B+Health Score
68B+

Financial Health Score

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

Good

💰
$165K
Total Revenue
📊
$225K
Total Expenses
🏦
$3.9M
Net Assets
📋
$59K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.9%
Year-over-year change (2022 → 2023)
Net Margin
-36.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
17.24
Net assets divided by total expenses
Liabilities-to-Assets
1.5%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$164,9671%$225,290129%$3,943,94812%
2022$163,56676%$98,37017%$3,506,0869%
2022$668,46893%$118,97214%$3,840,8531%
2021$345,71635%$104,5693%$3,818,33337%
2020$535,91932%$107,77444%$2,790,9294%
2019$405,344118%$191,364169%$2,675,1924%
2018$185,65392%$71,138580%$2,581,72111%
2017$2,192,489$10,456$2,323,032

Frequently Asked Questions

What does Hanover Public Library Association Inc do?

Hanover Public Library Association Inc is a unclassified nonprofit organization based in Pennsylvania. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hanover Public Library Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Hanover Public Library Association Inc has a score of 68/100 (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 Hanover Public Library Association Inc generate?

Hanover Public Library Association Inc reports $842K in annual revenue and holds $4.4M in total assets, based on IRS filings.

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