Charleroi Area Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 111,862 | 99,507 | 12,355 | 48.5 | 25% |
| 2022 | 114,218 | 114,550 | −332 | 41.3 | 32% |
| 2023 | 151,879 | 109,553 | 42,326 | 47.8 | 28% |
In its most recent public year (2023), this organization brought in $42,326 more than it spent. Its reserves stood at about 47.8 months of spending. Staff pay was 28% of spending. $303,010 of its net assets are donor-restricted.
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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