The Friends Of The Redwood City Pub Lic Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 77,767 | 51,047 | 26,720 | 70.6 | — |
| 2022 | 66,600 | 102,466 | −35,866 | 29.7 | — |
| 2023 | 93,306 | 66,064 | 27,242 | 50.9 | — |
| 2024 | 113,813 | 105,191 | 8,622 | 33.0 | — |
In its most recent public year (2024), this organization brought in $8,622 more than it spent. Its reserves stood at about 33 months of spending, down from 70.6 in 2021.
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
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