Friends Of Bellingham Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,790 | 8,597 | −807 | 17.4 | — |
| 2021 | 11,185 | 10,448 | 737 | 15.2 | — |
| 2022 | 17,675 | 11,887 | 5,788 | 20.3 | — |
| 2023 | 14,448 | 15,391 | −943 | 14.9 | — |
In its most recent public year (2023), this organization spent $943 more than it brought in. Its reserves stood at about 14.9 months of spending, down from 17.4 in 2020.
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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