Charity Search / TRUSTEES OF THE PUBLIC LIBRARY OF THE CITY OF BOSTON
Education (B110) 990 on File

TRUSTEES OF THE PUBLIC LIBRARY OF THE CITY OF BOSTON

EIN: 04-6151731 · BOSTON, MA 02116-2813 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 96/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$15.6M
Total Revenue
$15.8M
Total Expenses
$88.4M
Net Assets
507
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.4%
Fundraising Efficiency N/A
Operating Reserve 67.16x
Liability-to-Asset 5.0%
Revenue Diversification 59.7%
Compared with Peers
FY 2023
Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.
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
79.4% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
20.7% 13.5%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.7%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
67.2 mo 10.9 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
5.0% 34.2%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
59.7% 87.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
4.8% 4.8%
P10P90
Expense growth
Year over year expense growth
8.9% 8.5%
P10P90
Surplus margin
Surplus as a share of revenue
-1.3% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $15.6M $15.8M $88.4M 79.4% 507
2022 $14.9M $14.5M $86.0M 84.9% 487
2021 $16.2M $9.8M N/A — 498
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Organization Details
EIN
04-6151731
State
MA
City
BOSTON
ZIP
02116-2813
Classification
B110
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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