Whitinsville Social Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 677,531 | 308,282 | 369,249 | 167.5 | 63% |
| 2022 | 602,538 | 373,839 | 228,699 | 145.5 | 58% |
| 2023 | 940,184 | 390,589 | 549,595 | 156.1 | 58% |
| 2024 | 1,192,601 | 409,484 | 783,117 | 171.9 | 59% |
In its most recent public year (2024), this organization brought in $783,117 more than it spent. Its reserves stood at about 171.9 months of spending, up from 167.5 in 2021. Staff pay was 59% of spending. $613,532 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 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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