Friends Of The Hilton Head Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 111,186 | 167,240 | −56,054 | 7.3 | 0% |
| 2013 | 65,351 | 81,223 | −15,872 | 14.7 | 0% |
| 2014 | 68,740 | 97,125 | −28,385 | 12.8 | 0% |
| 2015 | 77,632 | 77,983 | −351 | 90.0 | 0% |
| 2016 | 80,032 | 74,478 | 5,554 | 93.7 | 0% |
| 2017 | 84,642 | 65,479 | 19,163 | 112.5 | 0% |
| 2018 | 411,379 | 242,673 | 168,706 | 38.3 | 0% |
| 2019 | 130,870 | 90,284 | 40,586 | 110.8 | 0% |
| 2020 | 77,842 | 79,189 | −1,347 | 128.0 | 0% |
| 2021 | 48,982 | 129,626 | −80,644 | 81.2 | 0% |
| 2022 | 251,823 | 90,843 | 160,980 | 120.9 | 0% |
| 2023 | 248,987 | 89,326 | 159,661 | 148.6 | 0% |
| 2024 | 110,957 | 84,648 | 26,309 | 169.1 | 0% |
In its most recent public year (2024), this organization brought in $26,309 more than it spent. Its reserves stood at about 169.1 months of spending, up from 7.3 in 2012. Staff pay was 0% of spending. $95,372 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 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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