Hitchcock Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 149,794 | 206,970 | −57,176 | 51.4 | 34% |
| 2012 | 148,752 | 225,421 | −76,669 | 49.5 | 33% |
| 2013 | 264,220 | 223,354 | 40,866 | 53.2 | 33% |
| 2014 | 166,133 | 239,879 | −73,746 | 49.8 | 31% |
| 2015 | 178,210 | 195,542 | −17,332 | 55.5 | 39% |
| 2016 | 171,840 | 187,418 | −15,578 | 68.2 | 41% |
| 2017 | 195,348 | 199,570 | −4,222 | 67.7 | 39% |
| 2018 | 211,062 | 226,898 | −15,836 | 59.1 | 32% |
| 2019 | 175,451 | 231,921 | −56,470 | 55.1 | 38% |
| 2020 | 178,330 | 171,368 | 6,962 | 70.8 | 43% |
| 2021 | 176,756 | 176,663 | 93 | 79.3 | 44% |
| 2022 | 191,145 | 198,596 | −7,451 | 53.0 | 44% |
| 2023 | 176,264 | 200,596 | −24,332 | 53.5 | 39% |
In its most recent public year (2023), this organization spent $24,332 more than it brought in. Its reserves stood at about 53.5 months of spending, up from 51.4 in 2011. Staff pay was 39% of spending. $827,688 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
Hitchcock Public 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