Operating record

Lucy Robbins Welles Library Inc

Newington, CT · EIN 06-6035131 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2020$42,398$30,922$11,476401.40%
2021$171,110$14,337$156,773997.00%
2022$211,089$24,096$186,993686.30%
2023$231,898$27,215$204,683697.80%
2024$142,674$31,763$110,911639.80%

In its most recent public year (2024), this organization brought in $110,911 more than it spent. Its reserves stood at about 639.8 months of spending, up from 401.4 in 2020. Staff pay was 0% 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 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 ↗