Kennett Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,038,464 | 823,815 | 214,649 | 52.4 | 52% |
| 2011 | 940,384 | 776,434 | 163,950 | 58.1 | 50% |
| 2012 | 908,268 | 844,921 | 63,347 | 55.2 | 7% |
| 2013 | 879,372 | 804,510 | 74,862 | 58.7 | 50% |
| 2014 | 858,249 | 818,495 | 39,754 | 58.8 | 50% |
| 2015 | 929,044 | 926,187 | 2,857 | 50.6 | 51% |
| 2016 | 928,061 | 901,390 | 26,671 | 53.2 | 47% |
| 2017 | 1,287,199 | 904,864 | 382,335 | 59.5 | 48% |
| 2018 | 1,526,886 | 1,035,386 | 491,500 | 50.9 | 48% |
| 2019 | 2,489,273 | 1,131,249 | 1,358,024 | 63.3 | 45% |
| 2020 | 2,120,153 | 1,048,963 | 1,071,190 | 83.5 | 48% |
| 2021 | 4,479,180 | 1,022,098 | 3,457,082 | 130.7 | 41% |
| 2022 | 4,046,003 | 1,080,737 | 2,965,266 | 150.7 | 48% |
| 2023 | 4,840,483 | 1,699,551 | 3,140,932 | 117.2 | 46% |
In its most recent public year (2023), this organization brought in $3,140,932 more than it spent. Its reserves stood at about 117.2 months of spending, up from 52.4 in 2010. Staff pay was 46% of spending. $249,973 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
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