Friends Of The Newton Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 77,259 | 82,961 | −5,702 | 4.0 | — |
| 2013 | 72,708 | 86,810 | −14,102 | 1.9 | — |
| 2014 | 74,228 | 76,970 | −2,742 | 1.7 | — |
| 2015 | 88,889 | 79,209 | 9,680 | 3.1 | — |
| 2016 | 124,476 | 74,221 | 50,255 | 11.5 | — |
| 2017 | 72,302 | 123,593 | −51,291 | 1.9 | — |
| 2018 | 71,128 | 68,572 | 2,556 | 3.9 | — |
| 2019 | 97,196 | 73,895 | 23,301 | 7.4 | — |
| 2020 | 219,494 | 136,123 | 83,371 | 11.3 | 0% |
| 2021 | 53,170 | 104,107 | −50,937 | 8.9 | — |
| 2022 | 99,934 | 111,189 | −11,255 | 7.1 | — |
| 2023 | 80,730 | 72,160 | 8,570 | 12.4 | — |
| 2024 | 89,001 | 71,452 | 17,549 | 15.5 | — |
In its most recent public year (2024), this organization brought in $17,549 more than it spent. Its reserves stood at about 15.5 months of spending, up from 4 in 2012.
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 2024. 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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