Davisville Free Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 88,134 | 96,191 | −8,057 | 28.1 | — |
| 2020 | 85,842 | 72,732 | 13,110 | 40.1 | — |
| 2021 | 90,846 | 84,195 | 6,651 | 36.0 | — |
| 2022 | 112,596 | 103,812 | 8,784 | 29.5 | — |
| 2023 | 104,667 | 95,727 | 8,940 | 34.7 | — |
In its most recent public year (2023), this organization brought in $8,940 more than it spent. Its reserves stood at about 34.7 months of spending, up from 28.1 in 2019.
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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