Charity Search / CENTERVILLE PUBLIC LIBRARY ASSOC INC
Education (B71Z) IRS Verified DX Registered 990 on File

CENTERVILLE PUBLIC LIBRARY ASSOC INC

EIN: 04-2221700 · CENTERVILLE, MA 02632-2915 · United States · FY 2024 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$701K
Total Revenue
$691K
Total Expenses
$3.6M
Net Assets
19
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.0%
Fundraising Efficiency 14.4%
Operating Reserve 63.04x
Liability-to-Asset 0.4%
Revenue Diversification 85.1%
Compared with Peers
FY 2024
Compared with 15,968 similar organizations (United States, Education, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
88.0% 89.3%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
11.1% 8.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.0% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
14.4% 2.5%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
63.0 mo 9.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.4% 0.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
85.1% 89.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
1.6% 8.4%
P10P90
Expense growth
Year over year expense growth
-13.0% 9.0%
P10P90
Surplus margin
Surplus as a share of revenue
1.5% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $701K $691K $3.6M 88.0% 19
2023 $690K $794K $3.5M 88.7% 17
2022 $506K $646K N/A 14
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Organization Details
EIN
04-2221700
State
MA
City
CENTERVILLE
ZIP
02632-2915
Classification
B71Z
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1869
Foundation Code
15
Form 990
On File
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