Carthage Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 372,780 | 193,162 | 179,618 | 52.0 | 66% |
| 2012 | 356,123 | 194,174 | 161,949 | 62.5 | 62% |
| 2013 | 312,588 | 241,065 | 71,523 | 54.5 | 36% |
| 2014 | 410,924 | 223,633 | 187,291 | 68.8 | 37% |
| 2015 | 179,430 | 207,883 | −28,453 | 72.0 | 41% |
| 2016 | 182,086 | 208,646 | −26,560 | 70.8 | 43% |
| 2017 | 234,869 | 206,439 | 28,430 | 73.2 | 43% |
| 2018 | 248,028 | 209,722 | 38,306 | 73.2 | 46% |
| 2019 | 203,983 | 216,436 | −12,453 | 71.5 | 45% |
| 2020 | 304,368 | 218,740 | 85,628 | 75.9 | 49% |
| 2021 | 241,166 | 232,042 | 9,124 | 72.2 | 48% |
| 2022 | 211,629 | 250,606 | −38,977 | 63.8 | 46% |
| 2023 | 233,363 | 259,052 | −25,689 | 61.2 | 47% |
In its most recent public year (2023), this organization spent $25,689 more than it brought in. Its reserves stood at about 61.2 months of spending, up from 52 in 2011. 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
Carthage Free Library's IRS filings as a feed — one entry per filing year, through 2023. 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