BEducationEIN: 263194155· Ruling Year: 2026

Wellesley Free Library Foundation Inc

Wellesley, Massachusetts

B+Health Score
74B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org12.37×
Peer Median20.77×
💰
$523K
Total Revenue
📊
$519K
Total Expenses
🏦
$6.4M
Net Assets
📋
$326K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-64.4%
Year-over-year change (2022 → 2023)
Net Margin
+0.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.37
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$523,01464%$518,97118%$6,745,0761%
2022$1,467,12519%$631,76244%$6,682,0363%
2021$1,230,09467%$1,119,906149%$6,911,55127%
2020$735,877136%$448,9091%$5,458,539
2019$312,15154%$445,4078%$5,462,5211%
2018$672,80798%$414,18620%$5,399,8796%
2017$340,03156%$343,79517%$5,114,8842%
2016$779,78683%$414,0753%$5,021,0549%
2015$4,581,8921379%$427,75888%$4,615,131749%
2014$309,80631%$227,013118%$543,65218%
2013$236,09020%$103,9865%$460,85940%
2012$294,802$99,332$328,905

Frequently Asked Questions

What does Wellesley Free Library Foundation Inc do?

Wellesley Free Library Foundation Inc is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B117 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wellesley Free Library Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Wellesley Free Library Foundation Inc has a score of 74/100 (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 Wellesley Free Library Foundation Inc generate?

Wellesley Free Library Foundation Inc reports $1.1M in annual revenue and holds $7.8M in total assets, based on IRS filings.

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Wellesley Free Library Foundation Inc — Wellesley, MA | GiveScope