Cathedral Towers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,986,442 | 2,283,547 | −297,105 | 4.8 | 33% |
| 2012 | 2,224,379 | 2,218,229 | 6,150 | 5.2 | 30% |
| 2013 | 2,355,382 | 2,353,344 | 2,038 | 5.4 | 30% |
| 2014 | 2,429,479 | 2,366,411 | 63,068 | 5.8 | 30% |
| 2015 | 2,527,830 | 2,458,258 | 69,572 | 5.4 | 30% |
| 2016 | 2,447,331 | 2,438,806 | 8,525 | 5.7 | 32% |
| 2017 | 2,621,857 | 2,619,432 | 2,425 | 5.6 | 29% |
| 2018 | 2,681,220 | 2,514,780 | 166,440 | 6.1 | 28% |
| 2019 | 3,075,353 | 2,443,456 | 631,897 | 10.5 | 30% |
| 2020 | 2,814,629 | 2,390,368 | 424,261 | 13.6 | 30% |
| 2021 | 3,086,629 | 2,704,372 | 382,257 | 14.5 | 26% |
| 2022 | 3,753,799 | 3,190,776 | 563,023 | 13.0 | 25% |
In its most recent public year (2022), this organization brought in $563,023 more than it spent. Its reserves stood at about 13 months of spending, up from 4.8 in 2011. Staff pay was 25% of spending. $103,964 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 2022. 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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