The Sewaren Free Public Library Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,927 | 18,335 | 1,592 | 27.3 | 51% |
| 2012 | 22,353 | 25,370 | −3,017 | 18.4 | 37% |
| 2013 | 20,535 | 22,458 | −1,923 | 19.9 | 46% |
| 2014 | 22,168 | 21,243 | 925 | 21.5 | 46% |
| 2015 | 21,448 | 24,929 | −3,481 | 16.7 | 39% |
| 2016 | 21,664 | 20,535 | 1,129 | 21.3 | 44% |
| 2017 | 25,227 | 23,935 | 1,292 | 19.2 | 43% |
| 2018 | 21,788 | 26,930 | −5,142 | 14.7 | 38% |
| 2019 | 22,354 | 23,540 | −1,186 | 16.8 | 48% |
| 2020 | 42,470 | 30,844 | 11,626 | 17.3 | 31% |
| 2021 | 42,666 | 8,612 | 34,054 | 109.5 | 0% |
| 2022 | 24,788 | 33,022 | −8,234 | 25.6 | 48% |
| 2023 | 22,619 | 58,512 | −35,893 | 7.1 | 59% |
In its most recent public year (2023), this organization spent $35,893 more than it brought in. Its reserves stood at about 7.1 months of spending, down from 27.3 in 2011. Staff pay was 59% 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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