Riverhead Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,534,027 | 3,588,693 | −54,666 | 11.1 | 5% |
| 2012 | 3,726,985 | 3,627,289 | 99,696 | 11.3 | 50% |
| 2013 | 3,756,854 | 3,698,303 | 58,551 | 11.2 | 49% |
| 2014 | 3,737,296 | 3,702,252 | 35,044 | 11.3 | 48% |
| 2015 | 3,562,958 | 3,501,894 | 61,064 | 11.8 | 51% |
| 2016 | 3,660,100 | 3,517,899 | 142,201 | 12.2 | 49% |
| 2017 | 3,771,645 | 3,714,677 | 56,968 | 11.8 | 47% |
| 2018 | 3,833,306 | 3,780,612 | 52,694 | 7.0 | 53% |
| 2019 | 4,045,633 | 4,154,629 | −108,996 | 6.1 | 49% |
| 2020 | 4,032,819 | 4,508,420 | −475,601 | 4.3 | 47% |
| 2021 | 4,064,892 | 3,899,055 | 165,837 | 5.5 | 48% |
| 2022 | 4,087,006 | 3,899,311 | 187,695 | 6.1 | 47% |
| 2023 | 4,459,982 | 4,438,829 | 21,153 | 5.4 | 42% |
| 2024 | 4,896,391 | 4,190,516 | 705,875 | 7.8 | 45% |
In its most recent public year (2024), this organization brought in $705,875 more than it spent. Its reserves stood at about 7.8 months of spending, down from 11.1 in 2011. Staff pay was 45% of spending. $3,084,757 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Riverhead Free Library's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works