Thomas Balch Library Endowment Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 101,953 | 39,523 | 62,430 | 268.5 | 0% |
| 2020 | 107,814 | 42,485 | 65,329 | 288.1 | 0% |
| 2021 | 88,990 | 17,751 | 71,239 | 885.8 | 0% |
| 2022 | 64,810 | 30,169 | 34,641 | 439.4 | 0% |
| 2023 | 59,726 | 48,602 | 11,124 | 307.5 | 0% |
In its most recent public year (2023), this organization brought in $11,124 more than it spent. Its reserves stood at about 307.5 months of spending, up from 268.5 in 2019. 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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