Downtown Churches United Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 392,055 | 440,838 | −48,783 | 16.3 | 13% |
| 2017 | 479,090 | 499,597 | −20,507 | 13.9 | 4% |
| 2018 | 549,809 | 567,674 | −17,865 | 11.9 | 1% |
| 2019 | 601,758 | 612,498 | −10,740 | 10.8 | 1% |
| 2020 | 674,531 | 644,467 | 30,064 | 10.8 | 1% |
| 2021 | 704,543 | 704,653 | −110 | 9.9 | 4% |
| 2022 | 1,090,667 | 995,677 | 94,990 | 8.1 | 2% |
| 2023 | 1,382,129 | 1,264,576 | 117,553 | 7.5 | 2% |
In its most recent public year (2023), this organization brought in $117,553 more than it spent. Its reserves stood at about 7.5 months of spending, down from 16.3 in 2016. Staff pay was 2% of spending. $20,692 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
Downtown Churches United 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