Langworthy Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 151,632 | 120,573 | 31,059 | 44.4 | 50% |
| 2012 | 177,712 | 125,789 | 51,923 | 46.1 | 18% |
| 2013 | 198,598 | 123,905 | 74,693 | 56.5 | 17% |
| 2014 | 145,360 | 124,283 | 21,077 | 62.4 | 47% |
| 2015 | 226,608 | 123,669 | 102,939 | 66.4 | 50% |
| 2016 | 100,160 | 138,090 | −37,930 | 58.5 | 45% |
| 2017 | 173,956 | 159,566 | 14,390 | 49.4 | 49% |
| 2018 | 142,854 | 142,481 | 373 | 55.4 | 55% |
| 2019 | 122,579 | 144,489 | −21,910 | 56.8 | 56% |
| 2020 | 128,659 | 144,396 | −15,737 | 50.2 | 55% |
| 2021 | 129,407 | 148,024 | −18,617 | 54.9 | 54% |
| 2022 | 199,600 | 143,708 | 55,892 | 59.7 | 50% |
| 2023 | 193,453 | 170,427 | 23,026 | 50.8 | 46% |
| 2024 | 145,089 | 144,027 | 1,062 | 65.5 | 56% |
In its most recent public year (2024), this organization brought in $1,062 more than it spent. Its reserves stood at about 65.5 months of spending, up from 44.4 in 2011. Staff pay was 56% of spending. $4,000 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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