Hotchkiss Library Of Sharon Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 428,534 | 382,159 | 46,375 | 50.3 | 53% |
| 2021 | 1,286,351 | 337,958 | 948,393 | 102.1 | 47% |
| 2022 | 2,886,571 | 334,193 | 2,552,378 | 192.8 | 53% |
| 2023 | 586,740 | 371,398 | 215,342 | 182.5 | 55% |
In its most recent public year (2023), this organization brought in $215,342 more than it spent. Its reserves stood at about 182.5 months of spending, up from 50.3 in 2020. Staff pay was 55% of spending. $792,481 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
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