Worcester County Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 93,057 | 54,132 | 38,925 | 20.6 | — |
| 2014 | 118,770 | 119,497 | −727 | 9.8 | — |
| 2015 | 252,656 | 69,092 | 183,564 | 44.3 | 0% |
| 2016 | 187,503 | 289,268 | −101,765 | 5.2 | 0% |
| 2017 | 180,589 | 110,707 | 69,882 | 0.0 | 0% |
| 2018 | 56,834 | 140,390 | −83,556 | 13.2 | 0% |
| 2019 | 20,422 | 20,206 | 216 | 92.0 | 0% |
| 2020 | 10,393 | 12,928 | −2,535 | 141.4 | 0% |
| 2021 | 34,292 | 4,355 | 29,937 | 502.3 | 0% |
| 2022 | 11,416 | 8,920 | 2,496 | 248.6 | 0% |
| 2023 | 19,513 | 10,216 | 9,297 | 228.0 | 0% |
In its most recent public year (2023), this organization brought in $9,297 more than it spent. Its reserves stood at about 228 months of spending, up from 20.6 in 2012. Staff pay was 0% of spending. $145,309 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
Worcester County Library Foundation'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