First Congregational Memorial Tower
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,207,290 | 1,129,279 | 78,011 | 5.0 | 13% |
| 2012 | 1,234,950 | 1,174,595 | 60,355 | 5.3 | 13% |
| 2013 | 1,239,449 | 1,101,041 | 138,408 | 4.7 | 15% |
| 2014 | 1,240,335 | 1,044,166 | 196,169 | 7.2 | 17% |
| 2015 | 1,251,881 | 1,118,531 | 133,350 | 5.6 | 17% |
| 2016 | 1,270,884 | 1,066,180 | 204,704 | 7.7 | 18% |
| 2017 | 1,286,172 | 1,105,026 | 181,146 | 8.4 | 19% |
| 2018 | 1,323,715 | 1,706,784 | −383,069 | 2.8 | 13% |
| 2019 | 1,377,621 | 1,467,412 | −89,791 | 2.5 | 17% |
| 2020 | 1,431,741 | 1,421,227 | 10,514 | 2.6 | 17% |
| 2021 | 1,444,960 | 1,405,677 | 39,283 | 3.0 | 18% |
| 2022 | 1,449,134 | 1,489,705 | −40,571 | 2.5 | 17% |
| 2023 | 2,827,900 | 1,743,492 | 1,084,408 | 9.6 | 15% |
In its most recent public year (2023), this organization brought in $1,084,408 more than it spent. Its reserves stood at about 9.6 months of spending, up from 5 in 2011. Staff pay was 15% 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
First Congregational Memorial Tower'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