World Book Bank Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 75,911 | 26,628 | 49,283 | 24.2 | — |
| 2017 | 163,040 | 153,682 | 9,358 | 4.9 | — |
| 2018 | 269,064 | 212,120 | 56,944 | 6.8 | 15% |
| 2019 | 344,478 | 360,114 | −15,636 | 3.5 | 22% |
| 2020 | 324,251 | 254,266 | 69,985 | 8.2 | 16% |
| 2021 | 292,153 | 309,376 | −17,223 | 6.1 | 16% |
| 2022 | 363,306 | 389,584 | −26,278 | 4.0 | 12% |
| 2023 | 348,748 | 332,678 | 16,070 | 5.3 | 17% |
In its most recent public year (2023), this organization brought in $16,070 more than it spent. Its reserves stood at about 5.3 months of spending, down from 24.2 in 2016. Staff pay was 17% of spending.
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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