E C Scranton Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,227,298 | 1,596,290 | 8,631,008 | 129.1 | 36% |
| 2021 | 2,112,089 | 1,431,720 | 680,369 | 154.2 | 56% |
| 2022 | 2,149,109 | 2,123,708 | 25,401 | 100.7 | 42% |
| 2023 | 2,301,772 | 1,953,538 | 348,234 | 112.8 | 46% |
In its most recent public year (2023), this organization brought in $348,234 more than it spent. Its reserves stood at about 112.8 months of spending, down from 129.1 in 2020. Staff pay was 46% of spending. $3,574,711 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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