Friendship Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 99,375 | 72,461 | 26,914 | 64.5 | — |
| 2018 | 74,137 | 98,855 | −24,718 | 44.3 | — |
| 2019 | 121,186 | 90,909 | 30,277 | 52.1 | — |
| 2020 | 69,384 | 53,616 | 15,768 | 95.8 | — |
| 2021 | 66,738 | 57,119 | 9,619 | 102.4 | — |
| 2022 | 87,744 | 74,144 | 13,600 | 75.7 | — |
In its most recent public year (2022), this organization brought in $13,600 more than it spent. Its reserves stood at about 75.7 months of spending, up from 64.5 in 2017.
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 2022. 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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