The Beacon Of Downtown Houston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,895,463 | 3,755,759 | 139,704 | 6.8 | 47% |
| 2021 | 5,045,842 | 3,859,523 | 1,186,319 | 10.3 | 52% |
| 2022 | 3,967,376 | 4,444,710 | −477,334 | 7.7 | 51% |
| 2023 | 5,605,233 | 4,990,721 | 614,512 | 8.3 | 53% |
In its most recent public year (2023), this organization brought in $614,512 more than it spent. Its reserves stood at about 8.3 months of spending, up from 6.8 in 2020. Staff pay was 53% of spending. $362,043 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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