Durham Colored Library Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 56,937 | 861 | 56,076 | 3306.2 | — |
| 2019 | 87,963 | 33,200 | 54,763 | 91.9 | — |
| 2020 | 160,539 | 85,596 | 74,943 | 46.6 | — |
| 2021 | 195,527 | 65,122 | 130,405 | 85.2 | — |
| 2022 | 224,774 | 151,719 | 73,055 | 43.2 | 9% |
| 2023 | 229,578 | 77,878 | 151,700 | 106.2 | 21% |
In its most recent public year (2023), this organization brought in $151,700 more than it spent. Its reserves stood at about 106.2 months of spending, down from 3306.2 in 2013. Staff pay was 21% 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
Durham Colored Library Incorporated'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