Tower Lights Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,755 | 30,735 | −1,980 | 10.2 | — |
| 2021 | 127,437 | 38,954 | 88,483 | 35.3 | — |
| 2022 | 450,909 | 346,935 | 103,974 | 7.6 | 0% |
| 2023 | 244,736 | 140,166 | 104,570 | 27.7 | 0% |
In its most recent public year (2023), this organization brought in $104,570 more than it spent. Its reserves stood at about 27.7 months of spending, up from 10.2 in 2020. Staff pay was 0% 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 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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