Chincoteague Island Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,096 | 17,614 | 7,482 | 452.9 | 0% |
| 2012 | 22,681 | 16,559 | 6,122 | 487.5 | 0% |
| 2013 | 49,932 | 21,283 | 28,649 | 360.9 | 0% |
| 2014 | 36,892 | 30,626 | 6,266 | 253.2 | 0% |
| 2015 | 24,961 | 31,816 | −6,855 | 243.2 | 0% |
| 2016 | 41,446 | 23,294 | 18,152 | 341.5 | 0% |
| 2017 | 56,898 | 25,151 | 31,747 | 302.1 | 0% |
| 2018 | 54,011 | 34,350 | 19,661 | 223.7 | 0% |
| 2019 | 42,677 | 36,263 | 6,414 | 201.7 | 0% |
| 2020 | 119,937 | 28,067 | 91,870 | 299.9 | 0% |
| 2021 | 87,581 | 38,734 | 48,847 | 278.1 | 0% |
| 2022 | 69,699 | 38,679 | 31,020 | 282.7 | 0% |
| 2023 | 70,944 | 41,452 | 29,492 | 272.5 | 0% |
In its most recent public year (2023), this organization brought in $29,492 more than it spent. Its reserves stood at about 272.5 months of spending, down from 452.9 in 2011. Staff pay was 0% of spending. $500 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 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
Chincoteague Island Library Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works