Friends Of The Reading Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 34,001 | 27,377 | 6,624 | 33.0 | — |
| 2021 | 29,573 | 27,562 | 2,011 | 33.7 | — |
| 2022 | 32,084 | 34,182 | −2,098 | 26.4 | — |
| 2023 | 31,163 | 40,960 | −9,797 | 19.2 | — |
| 2024 | 53,965 | 41,995 | 11,970 | 22.1 | — |
In its most recent public year (2024), this organization brought in $11,970 more than it spent. Its reserves stood at about 22.1 months of spending, down from 33 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 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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