Operating record

The Library Project Inc

Phoenix, AZ · EIN 20-1347443 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$476,686$463,907$12,77912.738%
2021$89,833$71,579$18,25413.6
2022$128,162$142,495−$14,3335.6
2023$269,101$134,285$134,81618.043%

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 ↗