Penn Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,380,395 | 20,551,572 | −171,177 | 3.5 | 60% |
| 2012 | 25,534,475 | 21,687,643 | 3,846,832 | 5.5 | 60% |
| 2013 | 24,009,490 | 20,731,376 | 3,278,114 | 7.7 | 65% |
| 2014 | 22,812,443 | 22,163,680 | 648,763 | 7.3 | 64% |
| 2015 | 23,294,918 | 23,013,133 | 281,785 | 7.2 | 64% |
| 2016 | 23,697,271 | 23,435,734 | 261,537 | 7.2 | 63% |
| 2017 | 25,427,446 | 25,072,869 | 354,577 | 6.9 | 66% |
| 2018 | 26,986,440 | 26,493,653 | 492,787 | 6.7 | 66% |
| 2019 | 27,724,012 | 26,969,116 | 754,896 | 6.9 | 66% |
| 2020 | 27,700,736 | 28,697,305 | −996,569 | 6.1 | 67% |
| 2021 | 31,596,468 | 28,365,751 | 3,230,717 | 7.5 | 64% |
| 2022 | 27,600,851 | 26,820,092 | 780,759 | 9.2 | 66% |
| 2023 | 28,611,254 | 29,391,016 | −779,762 | 7.8 | 0% |
In its most recent public year (2023), this organization spent $779,762 more than it brought in. Its reserves stood at about 7.8 months of spending, up from 3.5 in 2011. Staff pay was 0% of spending. $3,939,356 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 2023. 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
Penn Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works