Bedford Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 499,981 | 426,410 | 73,571 | 60.2 | 56% |
| 2011 | 449,645 | 440,010 | 9,635 | 58.6 | 53% |
| 2012 | 527,691 | 444,201 | 83,490 | 62.2 | 56% |
| 2013 | 452,063 | 546,184 | −94,121 | 51.0 | 13% |
| 2014 | 499,373 | 479,270 | 20,103 | 59.6 | 16% |
| 2015 | 469,318 | 475,953 | −6,635 | 62.0 | 16% |
| 2016 | 547,413 | 530,056 | 17,357 | 57.1 | 52% |
| 2017 | 529,927 | 574,961 | −45,034 | 53.4 | 48% |
| 2018 | 977,441 | 496,956 | 480,485 | 61.6 | 58% |
| 2019 | 519,436 | 466,662 | 52,774 | 71.7 | 58% |
| 2020 | 520,171 | 450,410 | 69,761 | 84.2 | 57% |
| 2021 | 592,103 | 539,557 | 52,546 | 75.6 | 53% |
| 2022 | 553,612 | 632,288 | −78,676 | 57.3 | 54% |
| 2023 | 594,644 | 624,451 | −29,807 | 62.4 | 18% |
In its most recent public year (2023), this organization spent $29,807 more than it brought in. Its reserves stood at about 62.4 months of spending, up from 60.2 in 2010. Staff pay was 18% of spending.
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 2023. 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
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