Tower Cancer Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 3,096,898 | 2,855,584 | 241,314 | 17.6 | 42% |
| 2011 | 2,440,098 | 2,739,171 | −299,073 | 17.3 | 43% |
| 2012 | 1,883,221 | 3,857,482 | −1,974,261 | 6.7 | 20% |
| 2013 | 1,676,570 | 1,533,688 | 142,882 | 21.3 | 33% |
| 2014 | 2,696,883 | 1,911,634 | 785,249 | 22.7 | 32% |
| 2015 | 3,408,096 | 4,388,708 | −980,612 | 7.2 | 13% |
| 2016 | 2,600,255 | 3,814,189 | −1,213,934 | 4.7 | 16% |
| 2017 | 2,571,686 | 2,993,295 | −421,609 | 4.2 | 22% |
| 2018 | 3,418,112 | 3,668,871 | −250,759 | 2.6 | 20% |
| 2019 | 3,739,380 | 2,598,491 | 1,140,889 | 11.7 | 30% |
| 2020 | 2,672,021 | 2,863,801 | −191,780 | 10.9 | 29% |
| 2021 | 2,998,998 | 3,480,662 | −481,664 | 8.5 | 27% |
| 2022 | 2,865,725 | 3,160,741 | −295,016 | 6.4 | 31% |
| 2023 | 2,539,108 | 3,174,666 | −635,558 | 5.4 | 29% |
In its most recent public year (2023), this organization spent $635,558 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 17.6 in 2010. Staff pay was 29% of spending. $1,043,343 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
Tower Cancer Research 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