Tappan Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,003,070 | 650,156 | 352,914 | 50.4 | 54% |
| 2012 | 1,050,982 | 651,729 | 399,253 | 46.7 | 55% |
| 2013 | 919,430 | 603,029 | 316,401 | 56.8 | 56% |
| 2014 | 875,295 | 612,005 | 263,290 | 61.1 | 55% |
| 2015 | 749,345 | 644,486 | 104,859 | 60.0 | 52% |
| 2016 | 750,847 | 762,021 | −11,174 | 50.5 | 47% |
| 2017 | 855,903 | 769,980 | 85,923 | 51.4 | 49% |
| 2018 | 857,276 | 765,639 | 91,637 | 53.1 | 48% |
| 2019 | 860,452 | 797,865 | 62,587 | 51.9 | 46% |
| 2020 | 882,584 | 714,254 | 168,330 | 60.8 | 48% |
| 2021 | 849,875 | 775,246 | 74,629 | 57.2 | 47% |
| 2022 | 913,904 | 853,906 | 59,998 | 52.7 | 46% |
| 2023 | 913,358 | 869,311 | 44,047 | 52.4 | 44% |
In its most recent public year (2023), this organization brought in $44,047 more than it spent. Its reserves stood at about 52.4 months of spending, up from 50.4 in 2011. Staff pay was 44% of spending. $54,235 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 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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