Friends Of The Citrus County Library System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 78,330 | 79,052 | −722 | 0.8 | — |
| 2012 | 87,581 | 87,538 | 43 | 0.7 | — |
| 2013 | 80,935 | 81,389 | −454 | 0.7 | — |
| 2014 | 75,411 | 73,131 | 2,280 | 1.1 | — |
| 2015 | 65,335 | 66,768 | −1,433 | 1.0 | — |
| 2016 | 58,147 | 58,260 | −113 | 1.1 | — |
| 2017 | 62,743 | 63,047 | −304 | 1.0 | — |
| 2018 | 61,376 | 59,812 | 1,564 | 1.3 | — |
| 2019 | 65,340 | 42,218 | 23,122 | 8.4 | — |
| 2020 | 36,278 | 45,313 | −9,035 | 5.5 | — |
| 2021 | 78,087 | 66,301 | 11,786 | 5.9 | — |
In its most recent public year (2021), this organization brought in $11,786 more than it spent. Its reserves stood at about 5.9 months of spending, up from 0.8 in 2011.
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 2021. 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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