South King Tool Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 118,196 | 108,211 | 9,985 | 1.7 | — |
| 2020 | 79,298 | 103,469 | −24,171 | -1.1 | — |
| 2021 | 105,634 | 87,612 | 18,022 | 1.2 | — |
| 2022 | 150,923 | 163,941 | −13,018 | -0.4 | — |
| 2023 | 353,044 | 270,308 | 82,736 | 3.4 | 65% |
In its most recent public year (2023), this organization brought in $82,736 more than it spent. Its reserves stood at about 3.4 months of spending, up from 1.7 in 2019. Staff pay was 65% 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
South King Tool Library's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works