Pennsylvania Institue Of Technology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,932,481 | 14,777,795 | −1,845,314 | 1.8 | 53% |
| 2012 | 11,703,259 | 12,730,510 | −1,027,251 | 2.3 | 54% |
| 2013 | 11,582,938 | 12,152,970 | −570,032 | 0.7 | 53% |
| 2014 | 10,285,759 | 10,480,328 | −194,569 | 0.7 | 53% |
| 2015 | 10,016,507 | 10,537,803 | −521,296 | 0.2 | 51% |
| 2016 | 9,400,390 | 10,253,145 | −852,755 | -3.9 | 52% |
| 2017 | 7,863,466 | 8,184,107 | −320,641 | -5.7 | 52% |
| 2018 | 11,601,065 | 7,338,295 | 4,262,770 | 1.0 | 55% |
| 2019 | 7,880,117 | 7,327,476 | 552,641 | 2.4 | 58% |
| 2020 | 10,535,159 | 7,665,577 | 2,869,582 | 3.3 | 55% |
| 2021 | 11,670,496 | 9,446,711 | 2,223,785 | 5.5 | 45% |
| 2022 | 13,243,605 | 9,626,722 | 3,616,883 | 9.8 | 55% |
| 2023 | 13,264,190 | 10,953,463 | 2,310,727 | 11.2 | 56% |
In its most recent public year (2023), this organization brought in $2,310,727 more than it spent. Its reserves stood at about 11.2 months of spending, up from 1.8 in 2011. Staff pay was 56% of spending. $70,530 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
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