The Library Project Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $476,686 | $463,907 | $12,779 | 12.7 | 38% |
| 2021 | $89,833 | $71,579 | $18,254 | 13.6 | — |
| 2022 | $128,162 | $142,495 | −$14,333 | 5.6 | — |
| 2023 | $269,101 | $134,285 | $134,816 | 18.0 | 43% |
In its most recent public year (2023), this organization brought in $134,816 more than it spent. Its reserves stood at about 18 months of spending, up from 12.7 in 2020. Staff pay was 43% of spending. $196,257 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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