TPhilanthropy, Voluntarism & GrantmakingEIN: 474164006· Ruling Year: 2015

Towercares Foundation Inc

Laurel, Maryland

B-Health Score
48B-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

How This Organization Compares

Compared to 8 peers in Philanthropy, Voluntarism & Grantmaking with $100K-$1M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.45×
Peer Median13.69×
💰
$707K
Total Revenue
📊
$748K
Total Expenses
🏦
$1.1M
Net Assets
📋
$6K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.9%
Year-over-year change (2022 → 2023)
Net Margin
-5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.45
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$707,20722%$747,95551%$1,091,0443%
2022$906,00323%$495,60731%$1,127,83657%
2021$737,689116%$377,58419%$717,38099%
2020$342,07248%$317,67217%$359,6167%
2019$231,24346%$272,19315%$335,17511%
2018$429,0574%$319,60727%$376,33640%
2017$413,348205%$252,131376%$268,365159%
2016$135,370$52,991$103,433

Frequently Asked Questions

What does Towercares Foundation Inc do?

Towercares Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Maryland. It is classified under NTEE code T70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Towercares Foundation Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Towercares Foundation Inc.

How much revenue does Towercares Foundation Inc generate?

Towercares Foundation Inc reports $777K in annual revenue and holds $1.1M in total assets, based on IRS filings.

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