Friends Of The Claremont Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 46,690 | 39,761 | 6,929 | 66.5 | — |
| 2013 | 53,930 | 94,126 | −40,196 | 23.0 | — |
| 2014 | 51,483 | 94,511 | −43,028 | 17.4 | — |
| 2015 | 49,943 | 44,919 | 5,024 | 38.0 | — |
| 2016 | 54,683 | 46,455 | 8,228 | 38.9 | — |
| 2017 | 53,060 | 62,321 | −9,261 | 27.2 | — |
| 2018 | 44,367 | 50,938 | −6,571 | 31.7 | — |
| 2019 | 15,317 | 43,096 | −27,779 | 29.8 | — |
| 2020 | 49,410 | 29,222 | 20,188 | 52.2 | — |
| 2021 | 9,756 | 14,295 | −4,539 | 102.9 | — |
| 2022 | 22,960 | 18,410 | 4,550 | 82.8 | — |
| 2023 | 28,168 | 25,047 | 3,121 | 57.1 | — |
| 2024 | 34,678 | 39,533 | −4,855 | 34.7 | — |
In its most recent public year (2024), this organization spent $4,855 more than it brought in. Its reserves stood at about 34.7 months of spending, down from 66.5 in 2012.
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
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