Association Of The Free Library & Reading Rm Rowayton Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 307,076 | 285,174 | 21,902 | 24.4 | 47% |
| 2021 | 342,309 | 288,749 | 53,560 | 26.3 | 52% |
| 2022 | 308,335 | 282,697 | 25,638 | 27.9 | 53% |
| 2023 | 350,599 | 312,716 | 37,883 | 26.7 | 50% |
In its most recent public year (2023), this organization brought in $37,883 more than it spent. Its reserves stood at about 26.7 months of spending, up from 24.4 in 2020. Staff pay was 50% 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
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