South Hero Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 294,569 | 6,513 | 288,056 | 530.7 | 0% |
| 2017 | 257,229 | 104,157 | 153,072 | 50.8 | 0% |
| 2018 | 1,448,631 | 632,083 | 816,548 | 23.9 | 0% |
| 2019 | 160,726 | 1,104,155 | −943,429 | 3.4 | — |
| 2020 | 120,792 | 20,249 | 100,543 | 246.0 | — |
| 2021 | 142,860 | 41,324 | 101,536 | 155.1 | 0% |
| 2022 | 186,543 | 58,349 | 128,194 | 122.0 | 0% |
| 2023 | 120,781 | 53,904 | 66,877 | 156.4 | 0% |
In its most recent public year (2023), this organization brought in $66,877 more than it spent. Its reserves stood at about 156.4 months of spending, down from 530.7 in 2016. 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 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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