Spaulding Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 104,248 | 53,094 | 51,154 | 81.6 | — |
| 2022 | 52,304 | 55,748 | −3,444 | 68.8 | — |
| 2023 | 69,318 | 63,942 | 5,376 | 61.0 | — |
| 2024 | 81,301 | 66,003 | 15,298 | 61.9 | — |
In its most recent public year (2024), this organization brought in $15,298 more than it spent. Its reserves stood at about 61.9 months of spending, down from 81.6 in 2021.
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 2024. 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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