Kinston Towers I
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,049,820 | 1,058,068 | −8,248 | -15.3 | 0% |
| 2012 | 1,067,862 | 1,021,425 | 46,437 | -14.6 | 0% |
| 2013 | 1,179,682 | 1,075,967 | 103,715 | -12.7 | 0% |
| 2014 | 1,053,518 | 1,142,532 | −89,014 | -14.8 | 8% |
| 2015 | 1,115,117 | 1,045,914 | 69,203 | -15.6 | 8% |
| 2016 | 1,143,266 | 1,120,428 | 22,838 | -14.3 | 10% |
| 2017 | 1,159,200 | 1,076,289 | 82,911 | -13.9 | 13% |
| 2018 | 1,127,697 | 1,090,232 | 37,465 | -13.2 | 13% |
| 2019 | 1,155,974 | 1,007,564 | 148,410 | -12.7 | 15% |
| 2020 | 1,153,505 | 920,400 | 233,105 | -11.1 | 18% |
| 2021 | 1,151,572 | 1,018,821 | 132,751 | -8.7 | 19% |
| 2022 | 1,214,776 | 1,045,381 | 169,395 | -6.2 | 0% |
| 2023 | 1,261,907 | 1,055,188 | 206,719 | -4.0 | 20% |
In its most recent public year (2023), this organization brought in $206,719 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4 months), up from -15.3 in 2011. Staff pay was 20% 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
Kinston Towers I'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