Friends Of The Newark Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 65,736 | 36,009 | 29,727 | 34.4 | — |
| 2023 | 199,624 | 24,805 | 174,819 | 131.3 | — |
| 2024 | 89,516 | 74,156 | 15,360 | 47.2 | — |
In its most recent public year (2024), this organization brought in $15,360 more than it spent. Its reserves stood at about 47.2 months of spending, up from 34.4 in 2013.
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 2024. 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
Friends Of The Newark Free Library's IRS filings as a feed — one entry per filing year, through 2024. 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