Friends Of The Reuben Hoar Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 50,219 | 47,143 | 3,076 | 7.0 | — |
| 2019 | 98,699 | 81,060 | 17,639 | 6.7 | — |
| 2020 | 51,909 | 71,447 | −19,538 | 4.6 | — |
| 2021 | 58,613 | 45,122 | 13,491 | 10.9 | — |
| 2022 | 35,481 | 40,167 | −4,686 | 10.6 | — |
| 2023 | 39,093 | 27,634 | 11,459 | 20.4 | — |
In its most recent public year (2023), this organization brought in $11,459 more than it spent. Its reserves stood at about 20.4 months of spending, up from 7 in 2018.
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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