Scranton Public Library Albright Memorial Building
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,552,958 | 3,220,024 | 332,934 | 13.2 | 54% |
| 2021 | 3,414,786 | 3,422,804 | −8,018 | 12.5 | 52% |
| 2022 | 3,506,855 | 3,433,841 | 73,014 | 11.9 | 51% |
| 2023 | 3,656,245 | 3,558,459 | 97,786 | 12.2 | 52% |
In its most recent public year (2023), this organization brought in $97,786 more than it spent. Its reserves stood at about 12.2 months of spending. Staff pay was 52% of spending. $133,352 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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