Newtown Library Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 101,693 | 78,100 | 23,593 | 278.5 | 37% |
| 2021 | 170,213 | 85,413 | 84,800 | 303.9 | 0% |
| 2022 | 104,448 | 97,051 | 7,397 | 232.8 | 31% |
| 2023 | 114,030 | 85,846 | 28,184 | 265.6 | 34% |
In its most recent public year (2023), this organization brought in $28,184 more than it spent. Its reserves stood at about 265.6 months of spending, down from 278.5 in 2020. Staff pay was 34% 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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