Chester County Library Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 234,940 | 115,104 | 119,836 | 225.2 | 0% |
| 2021 | 214,500 | 139,902 | 74,598 | 202.0 | 0% |
| 2022 | 118,014 | 165,990 | −47,976 | 155.6 | 0% |
| 2023 | 31,187 | 167,869 | −136,682 | 164.5 | 0% |
In its most recent public year (2023), this organization spent $136,682 more than it brought in. Its reserves stood at about 164.5 months of spending, down from 225.2 in 2020. Staff pay was 0% of spending.
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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