Presbyterian Towers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,284,574 | 1,200,763 | 83,811 | 12.8 | 25% |
| 2012 | 1,306,262 | 1,197,582 | 108,680 | 13.9 | 29% |
| 2013 | 1,349,372 | 1,206,319 | 143,053 | 15.2 | 26% |
| 2014 | 1,400,255 | 1,262,320 | 137,935 | 15.8 | 25% |
| 2015 | 1,405,169 | 1,267,088 | 138,081 | 17.1 | 25% |
| 2016 | 1,424,096 | 1,268,179 | 155,917 | 18.6 | 26% |
| 2017 | 1,392,270 | 1,291,091 | 101,179 | 19.2 | 27% |
| 2018 | 1,510,369 | 1,356,757 | 153,612 | 19.6 | 26% |
| 2019 | 1,479,102 | 1,427,480 | 51,622 | 19.1 | 25% |
| 2020 | 1,484,841 | 1,420,706 | 64,135 | 19.7 | 26% |
| 2021 | 1,497,106 | 1,421,706 | 75,400 | 20.3 | 26% |
| 2022 | 1,545,114 | 1,418,847 | 126,267 | 21.4 | 25% |
| 2023 | 1,671,417 | 1,572,318 | 99,099 | 20.1 | 23% |
| 2024 | 1,951,607 | 1,723,270 | 228,337 | 19.9 | 22% |
In its most recent public year (2024), this organization brought in $228,337 more than it spent. Its reserves stood at about 19.9 months of spending, up from 12.8 in 2011. Staff pay was 22% of spending.
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 2024. 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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