Heritage Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 349,113 | 369,803 | −20,690 | 2.2 | 52% |
| 2012 | 346,578 | 359,705 | −13,127 | 1.8 | 52% |
| 2013 | 349,982 | 352,870 | −2,888 | 1.8 | 53% |
| 2014 | 379,071 | 357,947 | 21,124 | 2.4 | 54% |
| 2015 | 385,909 | 382,179 | 3,730 | 2.4 | 51% |
| 2016 | 380,222 | 392,699 | −12,477 | 2.0 | 52% |
| 2017 | 372,808 | 372,333 | 475 | 2.1 | 57% |
| 2018 | 351,643 | 351,149 | 494 | 2.2 | 60% |
| 2019 | 398,367 | 372,374 | 25,993 | 2.9 | 58% |
| 2020 | 436,505 | 448,679 | −12,174 | 2.1 | 61% |
| 2021 | 473,058 | 470,262 | 2,796 | 3.5 | 60% |
| 2022 | 443,795 | 493,757 | −49,962 | 2.1 | 65% |
| 2023 | 550,205 | 512,413 | 37,792 | 2.9 | 62% |
| 2024 | 544,305 | 496,582 | 47,723 | 4.2 | 61% |
In its most recent public year (2024), this organization brought in $47,723 more than it spent. Its reserves stood at about 4.2 months of spending, up from 2.2 in 2011. Staff pay was 61% 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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