Clare Towers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,506,478 | 1,751,633 | −245,155 | -17.2 | 11% |
| 2012 | 1,507,807 | 1,844,251 | −336,444 | -18.5 | 11% |
| 2013 | 1,574,147 | 1,844,449 | −270,302 | -20.3 | 12% |
| 2014 | 1,599,044 | 2,152,164 | −553,120 | -20.5 | 11% |
| 2015 | 1,645,555 | 1,784,191 | −138,636 | -25.6 | 13% |
| 2016 | 1,591,048 | 1,812,174 | −221,126 | -26.7 | 13% |
| 2017 | 1,665,825 | 1,696,727 | −30,902 | -28.7 | 13% |
| 2018 | 1,741,946 | 1,780,328 | −38,382 | -27.6 | 14% |
| 2019 | 1,759,660 | 1,788,373 | −28,713 | -27.7 | 17% |
| 2020 | 1,769,434 | 1,795,673 | −26,239 | -27.7 | 17% |
| 2021 | 1,803,644 | 1,765,833 | 37,811 | -28.0 | 27% |
| 2022 | 1,813,004 | 1,860,781 | −47,777 | -26.8 | 26% |
| 2023 | 1,894,736 | 1,917,150 | −22,414 | -26.2 | 28% |
| 2024 | 1,971,651 | 1,718,618 | 253,033 | -27.4 | 26% |
In its most recent public year (2024), this organization brought in $253,033 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-27.4 months), down from -17.2 in 2011. Staff pay was 26% 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
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