Sharon Towers Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,000,000 | 4,890 | 995,110 | 2442.0 | 0% |
| 2022 | 1,030,310 | 102,500 | 927,810 | 225.1 | 82% |
| 2023 | 1,105,395 | 85,600 | 1,019,795 | 412.5 | 87% |
In its most recent public year (2023), this organization brought in $1,019,795 more than it spent. Its reserves stood at about 412.5 months of spending, down from 2442 in 2021. Staff pay was 87% 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
Sharon Towers Foundation'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