Towercares Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 135,370 | 52,991 | 82,379 | 23.3 | — |
| 2017 | 413,348 | 252,131 | 161,217 | 12.5 | 0% |
| 2018 | 429,057 | 319,607 | 109,450 | 14.0 | 0% |
| 2019 | 231,243 | 272,193 | −40,950 | 14.6 | 0% |
| 2020 | 342,072 | 317,672 | 24,400 | 13.4 | 0% |
| 2021 | 737,689 | 377,584 | 360,105 | 22.7 | 0% |
| 2022 | 906,003 | 495,607 | 410,396 | 27.3 | 0% |
| 2023 | 707,207 | 747,955 | −40,748 | 17.4 | 0% |
In its most recent public year (2023), this organization spent $40,748 more than it brought in. Its reserves stood at about 17.4 months of spending, down from 23.3 in 2016. 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
Towercares Foundation 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