Wesley Towers Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 367,509 | 149,705 | 217,804 | 611.5 | 0% |
| 2013 | 385,415 | 353,408 | 32,007 | 283.7 | 0% |
| 2014 | 476,726 | 507,192 | −30,466 | 222.4 | 0% |
| 2015 | 725,384 | 468,290 | 257,094 | 240.9 | 0% |
| 2016 | 1,013,271 | 892,055 | 121,216 | 125.6 | 0% |
| 2017 | 639,830 | 960,853 | −321,023 | 121.3 | 0% |
| 2018 | 999,143 | 1,061,956 | −62,813 | 109.3 | 0% |
| 2019 | 813,555 | 895,094 | −81,539 | 127.9 | 0% |
| 2020 | 404,723 | 923,740 | −519,017 | 120.4 | 0% |
| 2021 | 582,078 | 1,449,959 | −867,881 | 83.7 | 0% |
| 2023 | 379,472 | 1,832,287 | −1,452,815 | 45.9 | 0% |
In its most recent public year (2023), this organization spent $1,452,815 more than it brought in. Its reserves stood at about 45.9 months of spending, down from 611.5 in 2012. Staff pay was 0% of spending. $4,212,254 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 Foundation'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