Union Library Company Of Hatboro
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 169,771 | 178,874 | −9,103 | 73.3 | 38% |
| 2012 | 176,084 | 168,266 | 7,818 | 78.6 | 42% |
| 2013 | 181,512 | 175,414 | 6,098 | 75.8 | 41% |
| 2014 | 154,156 | 178,912 | −24,756 | 74.5 | 43% |
| 2015 | 171,919 | 182,083 | −10,164 | 72.0 | 44% |
| 2016 | 182,254 | 181,279 | 975 | 71.7 | 44% |
| 2017 | 179,908 | 191,682 | −11,774 | 67.9 | 41% |
| 2018 | 162,255 | 188,846 | −26,591 | 68.2 | 41% |
| 2019 | 196,856 | 203,662 | −6,806 | 63.6 | 42% |
| 2020 | 271,982 | 194,734 | 77,248 | 72.7 | 49% |
| 2021 | 353,694 | 228,601 | 125,093 | 72.7 | 44% |
| 2022 | 317,157 | 244,113 | 73,044 | 68.8 | 49% |
| 2023 | 347,488 | 280,699 | 66,789 | 62.5 | 48% |
In its most recent public year (2023), this organization brought in $66,789 more than it spent. Its reserves stood at about 62.5 months of spending, down from 73.3 in 2011. Staff pay was 48% of spending. $744,418 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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