Tower Hill School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 29,330,991 | 27,173,959 | 2,157,032 | 32.5 | 45% |
| 2021 | 48,814,816 | 27,796,247 | 21,018,569 | 41.6 | 43% |
| 2022 | 33,725,781 | 28,787,692 | 4,938,089 | 37.9 | 43% |
| 2023 | 39,938,027 | 29,889,324 | 10,048,703 | 39.8 | 44% |
In its most recent public year (2023), this organization brought in $10,048,703 more than it spent. Its reserves stood at about 39.8 months of spending, up from 32.5 in 2020. Staff pay was 44% of spending. $51,208,990 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
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