Centre County Federation Of Public Libraries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 994,441 | 982,574 | 11,867 | 0.2 | 0% |
| 2012 | 990,108 | 1,002,915 | −12,807 | 0.1 | 0% |
| 2013 | 988,353 | 991,736 | −3,383 | 0.0 | 0% |
| 2014 | 993,435 | 986,938 | 6,497 | 0.1 | 0% |
| 2015 | 1,002,605 | 1,006,786 | −4,181 | 0.1 | 0% |
| 2016 | 1,035,896 | 1,039,861 | −3,965 | 0.0 | 0% |
| 2017 | 1,014,847 | 1,009,130 | 5,717 | 0.1 | 0% |
| 2018 | 1,007,265 | 1,006,108 | 1,157 | 0.1 | 0% |
| 2019 | 1,042,507 | 1,010,156 | 32,351 | 0.5 | 0% |
| 2020 | 1,078,725 | 1,036,369 | 42,356 | 1.0 | 0% |
| 2021 | 1,069,596 | 1,038,471 | 31,125 | 1.3 | 0% |
| 2022 | 1,094,467 | 1,101,234 | −6,767 | 1.2 | 0% |
| 2023 | 1,150,243 | 1,125,630 | 24,613 | 1.4 | 0% |
In its most recent public year (2023), this organization brought in $24,613 more than it spent. Its reserves stood at about 1.4 months of spending, up from 0.2 in 2011. Staff pay was 0% 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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