Charity Search / IVORY TOWER INC
Food, Agriculture & Nutrition (K20) 990 on File

IVORY TOWER INC

EIN: 46-5180443 · BOONE, NC 28607-8416 · United States · FY 2024 Data
2 out of 5 29 / 100 Based on 2+ years of filings
Financial strength (30%) 50/100
Reliability (20%) 45/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$98K
Total Revenue
$67K
Total Expenses
$95K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 24.5%
Fundraising Efficiency N/A
Operating Reserve 16.86x
Liability-to-Asset N/A
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 1,603 similar organizations (United States, Food, Agriculture & Nutrition, under $100K in expenses), FY 2024.
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
24.5% 90.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
16.9 mo 16.3 mo
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 100.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-8.9% 2.3%
P10P90
Expense growth
Year over year expense growth
-47.2% 0.5%
P10P90
Surplus margin
Surplus as a share of revenue
31.1% 13.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $98K $67K $95K 24.5%
2023 $107K $128K $64K 58.6%
2022 $137K $86K $85K 25.7%
2021 $200K $73K N/A 1
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Organization Details
EIN
46-5180443
State
NC
City
BOONE
ZIP
28607-8416
Classification
K20
Category
Food, Agriculture & Nutrition
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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