Greenwich Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,317 | 156,739 | −67,422 | 1.2 | — |
| 2012 | 177,847 | 260,403 | −82,556 | 2.2 | — |
| 2013 | 320,706 | 180,654 | 140,052 | 12.5 | 36% |
| 2014 | 107,522 | 199,143 | −91,621 | 5.7 | 29% |
| 2015 | 339,425 | 169,015 | 170,410 | 18.9 | 39% |
| 2016 | 285,749 | 154,648 | 131,101 | 30.8 | 53% |
| 2017 | 307,338 | 189,856 | 117,482 | 32.5 | 50% |
| 2018 | 454,522 | 231,745 | 222,777 | 38.2 | 45% |
| 2019 | 533,529 | 230,470 | 303,059 | 54.1 | 55% |
| 2020 | 313,841 | 296,465 | 17,376 | 63.8 | 45% |
| 2021 | 281,284 | 201,185 | 80,099 | 100.3 | 42% |
| 2022 | 301,157 | 258,694 | 42,463 | 77.2 | 45% |
| 2023 | 239,989 | 291,059 | −51,070 | 67.5 | 46% |
In its most recent public year (2023), this organization spent $51,070 more than it brought in. Its reserves stood at about 67.5 months of spending, up from 1.2 in 2011. Staff pay was 46% of spending. $10,929 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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