Allegany County Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,904,243 | 2,058,663 | −154,420 | 23.7 | 53% |
| 2013 | 1,899,849 | 2,053,747 | −153,898 | 22.9 | 53% |
| 2014 | 2,203,470 | 2,315,747 | −112,277 | 19.7 | 51% |
| 2015 | 2,149,817 | 2,255,148 | −105,331 | 19.2 | 50% |
| 2016 | 2,160,346 | 2,201,221 | −40,875 | 19.4 | 48% |
| 2017 | 3,871,859 | 2,124,291 | 1,747,568 | 30.0 | 48% |
| 2018 | 2,254,758 | 2,343,642 | −88,884 | 26.7 | 45% |
| 2019 | 2,253,396 | 2,360,094 | −106,698 | 25.9 | 46% |
| 2020 | 2,492,023 | 2,398,051 | 93,972 | 26.0 | 47% |
| 2021 | 3,351,830 | 2,295,709 | 1,056,121 | 32.7 | 48% |
| 2022 | 4,796,279 | 2,308,847 | 2,487,432 | 45.4 | 46% |
| 2023 | 3,123,126 | 2,533,293 | 589,833 | 44.2 | 42% |
In its most recent public year (2023), this organization brought in $589,833 more than it spent. Its reserves stood at about 44.2 months of spending, up from 23.7 in 2012. Staff pay was 42% 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
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