Tewksbury Township Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 139,784 | 78,232 | 61,552 | 128.9 | 40% |
| 2012 | 106,027 | 81,539 | 24,488 | 126.3 | 41% |
| 2013 | 114,711 | 95,188 | 19,523 | 110.6 | 36% |
| 2014 | 126,197 | 89,524 | 36,673 | 122.6 | 34% |
| 2015 | 93,602 | 95,791 | −2,189 | 114.3 | 35% |
| 2016 | 102,328 | 92,790 | 9,538 | 119.2 | 39% |
| 2017 | 90,132 | 92,222 | −2,090 | 119.7 | 32% |
| 2018 | 100,464 | 109,599 | −9,135 | 99.8 | 34% |
| 2019 | 113,580 | 129,470 | −15,890 | 83.5 | 30% |
| 2020 | 100,029 | 110,445 | −10,416 | 96.7 | 36% |
| 2021 | 115,091 | 110,325 | 4,766 | 98.0 | 34% |
| 2022 | 91,960 | 115,908 | −23,948 | 91.9 | 34% |
| 2023 | 115,710 | 121,131 | −5,421 | 87.3 | 33% |
In its most recent public year (2023), this organization spent $5,421 more than it brought in. Its reserves stood at about 87.3 months of spending, down from 128.9 in 2010. Staff pay was 33% of spending. $14,520 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
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