Wesley Towers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,643,749 | 13,612,849 | 30,900 | 9.9 | 50% |
| 2013 | 13,371,286 | 13,806,004 | −434,718 | 10.4 | 50% |
| 2014 | 13,662,913 | 14,049,612 | −386,699 | 11.3 | 51% |
| 2015 | 13,769,793 | 14,541,482 | −771,689 | 10.5 | 51% |
| 2016 | 13,276,945 | 14,111,938 | −834,993 | 10.7 | 49% |
| 2017 | 13,327,202 | 14,874,198 | −1,546,996 | 9.9 | 48% |
| 2018 | 13,488,472 | 14,877,909 | −1,389,437 | 9.4 | 47% |
| 2019 | 12,018,913 | 14,108,772 | −2,089,859 | 8.6 | 47% |
| 2020 | 10,547,382 | 13,055,273 | −2,507,891 | 7.5 | 45% |
| 2021 | 11,341,740 | 11,570,666 | −228,926 | 10.5 | 45% |
| 2022 | 9,600,315 | 11,241,519 | −1,641,204 | 7.6 | 43% |
| 2023 | 9,384,578 | 12,082,483 | −2,697,905 | 5.4 | 43% |
In its most recent public year (2023), this organization spent $2,697,905 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 9.9 in 2012. Staff pay was 43% of spending. $3,768,145 of its net assets are donor-restricted.
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
Wesley Towers Inc'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