Pennsylvanias State System Of Higher Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,270,660 | 1,151,699 | 118,961 | 45.6 | 17% |
| 2022 | 1,622,868 | 1,368,716 | 254,152 | 40.6 | 27% |
| 2023 | 2,493,469 | 1,798,477 | 694,992 | 42.3 | 16% |
| 2024 | 3,560,509 | 2,643,401 | 917,108 | 34.6 | 16% |
In its most recent public year (2024), this organization brought in $917,108 more than it spent. Its reserves stood at about 34.6 months of spending, down from 45.6 in 2021. Staff pay was 16% of spending. $3,015,978 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 2024. 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
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