Ct Townsend Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 447,740 | 388,633 | 59,107 | 5.0 | 26% |
| 2016 | 1,306,780 | 1,070,068 | 236,712 | 4.3 | 11% |
| 2017 | 1,153,738 | 1,333,974 | −180,236 | 1.8 | 10% |
| 2018 | 1,066,120 | 1,004,275 | 61,845 | 3.1 | 16% |
| 2019 | 849,185 | 871,931 | −22,746 | 4.1 | 20% |
| 2020 | 359,323 | 373,995 | −14,672 | 9.1 | 26% |
| 2021 | 798,662 | 692,949 | 105,713 | 6.8 | 20% |
| 2022 | 1,054,372 | 915,010 | 139,362 | 7.0 | 16% |
| 2023 | 1,201,900 | 1,030,151 | 171,749 | 8.2 | 17% |
In its most recent public year (2023), this organization brought in $171,749 more than it spent. Its reserves stood at about 8.2 months of spending, up from 5 in 2015. Staff pay was 17% 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
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