Peter & Elizabeth C Tower Foundation Tr is a 501(c)(3) organization based in Getzville, New York, registered in 1991, with $10,200,664 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$10.2M
▲ 37.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$12.3M
Net assets
$121.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Peter & Elizabeth C Tower Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Peter & Elizabeth C Tower Foundation Tr: 118 mo reserves · -21% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Peter & Elizabeth C Tower Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Peter & Elizabeth C Tower Foundation Tr: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.6M (FY2020) to $10.2M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-20.5%
Spent more than it raised in the latest fiscal year.
Total assets
$121.1M
Total liabilities
$21K
Net assets
$121.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,200,664▲37.3% | $12,295,236▲6.8% | $121,052,749▼1.7% | $121,073,266▼1.7% | 990PF |
| 2023 | $7,431,107▼60.9% | $11,513,849▲5.1% | $123,147,321▼3.2% | $123,162,764▼3.2% | 990PF |
| 2022 | $18,985,372▲24.0% | $10,949,935▼0.9% | $127,230,063▲6.7% | $127,248,071▲6.7% | 990PF |
| 2021 | $15,308,065▲327% | $11,044,353▲14.2% | $119,194,626▲3.7% | $119,206,990▲3.6% | 990PF |
| 2020 | $3,583,165 | $9,667,070 | $114,930,914 | $115,091,305 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Peter & Elizabeth C Tower Foundation Tr (EIN 16-6350753) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.