Friends Of The Society Hill Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 4,549 | 0 | 4,549 | — | — |
| 2018 | 9,710 | −5,000 | 14,710 | -11.3 | — |
| 2019 | 2,339 | 2,769 | −430 | 41.4 | — |
| 2020 | 1,238 | 1,195 | 43 | 96.4 | — |
In its most recent public year (2020), this organization brought in $43 more than it spent. Its reserves stood at about 96.4 months 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 2020. 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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