St Albans Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 332,780 | 338,060 | −5,280 | 7.3 | 55% |
| 2012 | 332,342 | 379,388 | −47,046 | 5.0 | 50% |
| 2013 | 335,914 | 385,871 | −49,957 | 3.4 | 49% |
| 2014 | 547,136 | 391,755 | 155,381 | 33.8 | 51% |
| 2015 | 475,301 | 389,070 | 86,231 | 36.6 | 51% |
| 2016 | 391,548 | 412,091 | −20,543 | 34.0 | 52% |
| 2017 | 482,763 | 407,296 | 75,467 | 37.1 | 54% |
| 2018 | 392,353 | 440,891 | −48,538 | 33.2 | 51% |
| 2019 | 414,904 | 471,705 | −56,801 | 30.2 | 51% |
| 2020 | 431,847 | 476,159 | −44,312 | 28.5 | 53% |
| 2021 | 437,924 | 418,358 | 19,566 | 34.8 | 54% |
| 2022 | 464,356 | 516,200 | −51,844 | 26.5 | 48% |
| 2023 | 769,191 | 533,554 | 235,637 | 31.2 | 50% |
In its most recent public year (2023), this organization brought in $235,637 more than it spent. Its reserves stood at about 31.2 months of spending, up from 7.3 in 2011. Staff pay was 50% 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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