Sheffield Township Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 31,318 | 36,044 | −4,726 | 7.6 | 0% |
| 2020 | 102,874 | 21,234 | 81,640 | 59.1 | 40% |
| 2021 | 24,038 | 23,046 | 992 | 55.8 | 30% |
| 2022 | 26,379 | 28,108 | −1,729 | 45.0 | 31% |
| 2023 | 25,635 | 19,957 | 5,678 | 73.7 | 47% |
In its most recent public year (2023), this organization brought in $5,678 more than it spent. Its reserves stood at about 73.7 months of spending, up from 7.6 in 2019. Staff pay was 47% 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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