Ashaway Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,186 | 104,150 | −9,964 | 53.9 | — |
| 2012 | 92,223 | 111,435 | −19,212 | 48.4 | — |
| 2013 | 105,329 | 109,960 | −4,631 | 51.6 | — |
| 2014 | 126,989 | 117,793 | 9,196 | 51.7 | 49% |
| 2015 | 164,182 | 152,797 | 11,385 | 39.4 | 38% |
| 2016 | 200,741 | 190,308 | 10,433 | 31.1 | 31% |
| 2017 | 125,838 | 122,190 | 3,648 | 51.8 | 47% |
| 2018 | 403,581 | 129,759 | 273,822 | 73.9 | 46% |
| 2019 | 152,862 | 127,639 | 25,223 | 77.3 | 47% |
| 2020 | 149,222 | 138,451 | 10,771 | 71.4 | 44% |
| 2021 | 139,629 | 148,278 | −8,649 | 70.8 | 42% |
| 2022 | 150,860 | 164,550 | −13,690 | 56.4 | 39% |
| 2023 | 141,798 | 149,618 | −7,820 | 62.7 | 44% |
In its most recent public year (2023), this organization spent $7,820 more than it brought in. Its reserves stood at about 62.7 months of spending, up from 53.9 in 2011. Staff pay was 44% 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
Ashaway Free Library's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works