Coburn Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 526,787 | 132,609 | 394,178 | 209.8 | 57% |
| 2021 | 696,439 | 196,936 | 499,503 | 171.7 | 44% |
| 2022 | 163,754 | 220,167 | −56,413 | 141.6 | 27% |
| 2023 | 270,973 | 207,731 | 63,242 | 155.3 | 47% |
In its most recent public year (2023), this organization brought in $63,242 more than it spent. Its reserves stood at about 155.3 months of spending, down from 209.8 in 2020. Staff pay was 47% 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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