Rhome Community Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 53,507 | 44,044 | 9,463 | 86.4 | 26% |
| 2021 | 64,070 | 62,219 | 1,851 | 69.9 | 15% |
| 2022 | 46,847 | 41,407 | 5,440 | 106.7 | 27% |
| 2023 | 191,158 | 157,876 | 33,282 | 30.5 | 17% |
In its most recent public year (2023), this organization brought in $33,282 more than it spent. Its reserves stood at about 30.5 months of spending, down from 86.4 in 2019. Staff pay was 17% 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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