Wicomico County Free Library Inc
Salisbury, Maryland
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,288,309↓3% | $3,346,674↓6% | $3,929,449↑5% | |
| 2022 | $3,405,166↑10% | $3,550,214↑27% | $3,745,578↑14% | — |
| 2021 | $3,096,610↓4% | $2,790,745 | $3,272,604↑15% | — |
| 2020 | $3,239,612↑3% | $2,788,339↓3% | $2,849,684↑17% | — |
| 2019 | $3,149,174↓8% | $2,878,917↓12% | $2,439,868↑10% | — |
| 2018 | $3,430,811↑21% | $3,280,687↑16% | $2,212,166↑4% | — |
| 2017 | $2,837,898↑6% | $2,835,363↑5% | $2,119,993 | — |
| 2016 | $2,681,467 | $2,705,804↑2% | $2,124,483↓8% | — |
| 2015 | $2,691,685↑7% | $2,655,654↑8% | $2,302,959 | — |
| 2014 | $2,523,294↑3% | $2,468,694↑2% | $2,309,632↓2% | — |
| 2013 | $2,443,204↑3% | $2,420,178 | $2,365,589↑1% | — |
| 2012 | $2,363,647 | $2,411,894 | $2,348,124 | — |
Frequently Asked Questions
What does Wicomico County Free Library Inc do?▼
Wicomico County Free Library Inc is a education nonprofit organization based in Maryland. It is classified under NTEE code B70 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wicomico County Free Library Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Wicomico County Free Library 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 Wicomico County Free Library Inc generate?▼
Wicomico County Free Library Inc reports $3.8M in annual revenue and holds $4.4M in total assets, based on IRS filings.