Philanthropy & Grantmaking
(T20)
990 on File
PETER & ELIZABETH C TOWER FOUNDATION TR
Financial strength (30%)
67/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$7.4M
Total Revenue
$11.5M
Total Expenses
$123.1M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.9%
Fundraising Efficiency
N/A
Operating Reserve
128.35x
Liability-to-Asset
0.0%
Revenue Diversification
98.2%
Executive Compensation
$342K
Compared with Peers
FY 2023
Compared with 1,312 similar organizations
(United States, Philanthropy & Grantmaking, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.9% | 92.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
128.4 mo | 71.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 2.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.2% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-60.9% | 1.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.1% | 10.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-54.9% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $7.4M | $11.5M | $123.1M | 94.9% | — |
| 2022 | $19.0M | $10.9M | $127.2M | 91.9% | — |
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