Magnolia Library Center Inc
Gloucester, Massachusetts
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$162K
Total Revenue
📊
$77K
Total Expenses
🏦
$309K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-5.4%
Year-over-year change (2022 → 2023)
Net Margin
+52.5%
Revenue minus expenses as % of revenue
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $161,636↓5% | $76,829↓3% | $309,060↑38% | |
| 2022 | $170,940↑32% | $79,399↑66% | $224,253↑103% | — |
| 2021 | $129,770↑528% | $47,863↓2% | $110,375↓20% | — |
| 2020 | $20,674↓50% | $48,817↑11% | $138,282↓17% | — |
| 2019 | $41,325↑4% | $43,964↑20% | $166,425↓2% | — |
| 2018 | $39,789↓47% | $36,499↓42% | $169,064↑2% | — |
| 2017 | $74,689↓17% | $63,378↓38% | $165,774↑7% | — |
| 2016 | $90,110↑91% | $103,035↑245% | $154,463↓8% | — |
| 2015 | $47,196↑34% | $29,876↓12% | $167,388↑16% | — |
| 2013 | $35,319↓22% | $34,071↑29% | $143,865↑1% | — |
| 2012 | $45,217↑30% | $26,397↓1% | $142,617↑15% | — |
| 2011 | $34,823 | $26,655 | $123,797 | — |
Frequently Asked Questions
What does Magnolia Library Center Inc do?▼
Magnolia Library Center Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Magnolia Library Center Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Magnolia Library Center Inc.
How much revenue does Magnolia Library Center Inc generate?▼
Magnolia Library Center Inc reports $77K in annual revenue and holds $278K in total assets, based on IRS filings.
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