Trustees Of Free Public Library Of Lambertville
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 227,378 | 251,266 | −23,888 | 6.3 | 32% |
| 2012 | 256,486 | 233,398 | 23,088 | 8.0 | 40% |
| 2013 | 265,695 | 250,364 | 15,331 | 8.2 | 39% |
| 2014 | 254,302 | 239,741 | 14,561 | 9.3 | 45% |
| 2015 | 264,725 | 275,877 | −11,152 | 7.6 | 38% |
| 2016 | 258,195 | 232,847 | 25,348 | 10.3 | 44% |
| 2017 | 271,906 | 227,709 | 44,197 | 12.9 | 45% |
| 2019 | 273,317 | 249,191 | 24,126 | 14.6 | 45% |
| 2020 | 284,785 | 248,661 | 36,124 | 16.4 | 46% |
| 2021 | 279,697 | 305,659 | −25,962 | 12.3 | 42% |
| 2022 | 320,770 | 368,062 | −47,292 | 8.7 | 42% |
| 2023 | 344,315 | 308,055 | 36,260 | 11.8 | 62% |
In its most recent public year (2023), this organization brought in $36,260 more than it spent. Its reserves stood at about 11.8 months of spending, up from 6.3 in 2011. Staff pay was 62% 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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