The Tower Foundation Of San Jose State University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,642,138 | 11,510,271 | 12,131,867 | 116.8 | 19% |
| 2012 | 17,773,224 | 13,199,752 | 4,573,472 | 103.1 | 19% |
| 2013 | 46,220,685 | 14,570,677 | 31,650,008 | 121.6 | 19% |
| 2014 | 30,508,212 | 17,365,679 | 13,142,533 | 115.2 | 18% |
| 2015 | 24,812,169 | 17,271,914 | 7,540,255 | 117.8 | 19% |
| 2016 | 50,116,549 | 22,396,714 | 27,719,835 | 101.7 | 17% |
| 2017 | 32,989,103 | 31,444,958 | 1,544,145 | 76.7 | 12% |
| 2018 | 35,594,581 | 30,060,759 | 5,533,822 | 82.7 | 14% |
| 2019 | 27,044,574 | 26,049,500 | 995,074 | 95.9 | 17% |
| 2020 | 29,787,267 | 24,652,766 | 5,134,501 | 98.2 | 23% |
| 2021 | 46,353,106 | 23,148,854 | 23,204,252 | 134.6 | 29% |
| 2022 | 32,559,828 | 22,673,220 | 9,886,608 | 123.7 | 36% |
| 2023 | 28,549,029 | 26,670,626 | 1,878,403 | 112.8 | 37% |
In its most recent public year (2023), this organization brought in $1,878,403 more than it spent. Its reserves stood at about 112.8 months of spending, down from 116.8 in 2011. Staff pay was 37% 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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