Friends Of The Howell Carnegie District Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 26,936 | 18,180 | 8,756 | 42.8 | — |
| 2022 | 23,810 | 8,716 | 15,094 | 110.1 | — |
| 2023 | 28,404 | 28,637 | −233 | 31.8 | — |
In its most recent public year (2023), this organization spent $233 more than it brought in. Its reserves stood at about 31.8 months of spending, down from 42.8 in 2021.
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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