Lehighton Area Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 340,090 | 115,855 | 224,235 | 90.3 | 51% |
| 2021 | 174,766 | 131,167 | 43,599 | 84.3 | 44% |
| 2022 | 116,153 | 129,950 | −13,797 | 79.4 | 44% |
In its most recent public year (2022), this organization spent $13,797 more than it brought in. Its reserves stood at about 79.4 months of spending, down from 90.3 in 2020. Staff pay was 44% 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 2022. 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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