Slippery Rock Community Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 115,267 | 93,960 | 21,307 | 125.7 | 46% |
| 2021 | 127,365 | 93,182 | 34,183 | 132.2 | 48% |
| 2022 | 130,548 | 104,410 | 26,138 | 118.5 | 42% |
| 2023 | 117,131 | 92,980 | 24,151 | 137.9 | 39% |
In its most recent public year (2023), this organization brought in $24,151 more than it spent. Its reserves stood at about 137.9 months of spending, up from 125.7 in 2020. Staff pay was 39% of spending. $53,207 of its net assets are donor-restricted.
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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