Friends Of The Gaston County Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 58,613 | 63,266 | −4,653 | 18.6 | — |
| 2013 | 40,615 | 24,920 | 15,695 | 54.7 | — |
| 2014 | 49,727 | 30,884 | 18,843 | 51.5 | — |
| 2015 | 27,042 | 72,928 | −45,886 | 14.2 | — |
| 2016 | 54,809 | 78,775 | −23,966 | 9.5 | — |
| 2017 | 60,431 | 76,633 | −16,202 | 7.3 | — |
| 2018 | 81,807 | 72,145 | 9,662 | 9.3 | — |
| 2019 | 65,110 | 43,933 | 21,177 | 21.1 | — |
| 2020 | 57,357 | 72,119 | −14,762 | 10.4 | — |
| 2021 | 38,703 | 34,797 | 3,906 | 22.9 | — |
| 2023 | 86,913 | 87,831 | −918 | 14.2 | — |
| 2024 | 34,152 | 63,059 | −28,907 | 14.8 | — |
In its most recent public year (2024), this organization spent $28,907 more than it brought in. Its reserves stood at about 14.8 months of spending, down from 18.6 in 2012.
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
Friends Of The Gaston County Public Library's IRS filings as a feed — one entry per filing year, through 2024. 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