Adamstown Area Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 302,156 | 286,484 | 15,672 | 20.7 | 61% |
| 2012 | 304,878 | 324,926 | −20,048 | 17.5 | 60% |
| 2013 | 334,149 | 347,328 | −13,179 | 15.9 | 61% |
| 2014 | 314,895 | 331,332 | −16,437 | 16.1 | 61% |
| 2015 | 355,260 | 359,920 | −4,660 | 14.7 | 58% |
| 2016 | 579,305 | 367,449 | 211,856 | 21.3 | 57% |
| 2017 | 542,499 | 358,465 | 184,034 | 28.0 | 59% |
| 2018 | 429,080 | 338,264 | 90,816 | 32.9 | 60% |
| 2019 | 575,767 | 312,690 | 263,077 | 45.6 | 61% |
| 2020 | 509,527 | 294,070 | 215,457 | 57.3 | 63% |
| 2021 | 385,102 | 374,314 | 10,788 | 45.4 | 50% |
| 2022 | 482,368 | 432,774 | 49,594 | 40.6 | 51% |
| 2023 | 421,058 | 454,461 | −33,403 | 37.8 | 52% |
In its most recent public year (2023), this organization spent $33,403 more than it brought in. Its reserves stood at about 37.8 months of spending, up from 20.7 in 2011. Staff pay was 52% of spending. $50,964 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
Adamstown Area Library'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