Corbit Calloway Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 490,017 | 427,522 | 62,495 | 67.8 | 72% |
| 2012 | 528,946 | 419,292 | 109,654 | 64.1 | 73% |
| 2013 | 586,021 | 403,360 | 182,661 | 70.5 | 69% |
| 2014 | 630,239 | 427,858 | 202,381 | 75.0 | 71% |
| 2015 | 545,475 | 421,043 | 124,432 | 69.4 | 70% |
| 2016 | 482,471 | 427,504 | 54,967 | 66.8 | 70% |
| 2017 | 390,557 | 415,505 | −24,948 | 71.8 | 71% |
| 2018 | 366,437 | 411,916 | −45,479 | 75.9 | 68% |
| 2019 | 355,472 | 377,537 | −22,065 | 84.6 | 63% |
| 2020 | 331,126 | 357,655 | −26,529 | 89.6 | 65% |
| 2021 | 378,917 | 399,766 | −20,849 | 97.3 | 58% |
| 2022 | 477,587 | 465,108 | 12,479 | 73.0 | 57% |
| 2023 | 1,147,434 | 445,086 | 702,348 | 100.6 | 60% |
| 2024 | 543,395 | 515,705 | 27,690 | 93.6 | 55% |
In its most recent public year (2024), this organization brought in $27,690 more than it spent. Its reserves stood at about 93.6 months of spending, up from 67.8 in 2011. Staff pay was 55% 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 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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