Redwood City Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 345,020 | 199,922 | 145,098 | 18.3 | 0% |
| 2012 | 136,350 | 142,276 | −5,926 | 25.0 | 0% |
| 2013 | 156,962 | 182,895 | −25,933 | 17.6 | 0% |
| 2014 | 156,768 | 94,423 | 62,345 | 41.8 | 43% |
| 2015 | 206,051 | 222,810 | −16,759 | 15.4 | 0% |
| 2016 | 229,250 | 141,126 | 88,124 | 31.9 | 8% |
| 2017 | 303,059 | 232,500 | 70,559 | 23.0 | 28% |
| 2018 | 218,063 | 285,165 | −67,102 | 16.2 | 20% |
| 2019 | 326,040 | 388,484 | −62,444 | 10.0 | 17% |
| 2020 | 350,964 | 313,549 | 37,415 | 13.8 | 24% |
| 2021 | 387,017 | 153,774 | 233,243 | 46.3 | 48% |
| 2022 | 304,880 | 468,109 | −163,229 | 11.0 | 16% |
| 2023 | 276,357 | 248,771 | 27,586 | 22.1 | 36% |
| 2024 | 186,513 | 304,938 | −118,425 | 13.3 | 33% |
In its most recent public year (2024), this organization spent $118,425 more than it brought in. Its reserves stood at about 13.3 months of spending, down from 18.3 in 2011. Staff pay was 33% 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
Redwood City Library Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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