Friends Of The Free Library Of Philadelphia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 451,652 | 442,693 | 8,959 | 10.3 | 13% |
| 2013 | 458,134 | 495,275 | −37,141 | 8.3 | 56% |
| 2014 | 467,965 | 469,773 | −1,808 | 8.7 | 58% |
| 2015 | 276,355 | 314,939 | −38,584 | 11.5 | 65% |
| 2016 | 237,362 | 197,161 | 40,201 | 21.4 | 56% |
| 2017 | 153,639 | 126,365 | 27,274 | 36.0 | 71% |
| 2018 | 131,476 | 172,513 | −41,037 | 23.5 | 48% |
| 2019 | 188,312 | 138,093 | 50,219 | 18.0 | 60% |
| 2020 | 81,649 | 104,225 | −22,576 | 21.3 | 65% |
| 2021 | 146,131 | 92,619 | 53,512 | 30.9 | 66% |
| 2022 | 169,890 | 130,846 | 39,044 | 25.4 | 67% |
| 2023 | 929,690 | 186,657 | 743,033 | 65.6 | 59% |
In its most recent public year (2023), this organization brought in $743,033 more than it spent. Its reserves stood at about 65.6 months of spending, up from 10.3 in 2012. Staff pay was 59% 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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