Penn Apartments Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,846 | 63,013 | −11,167 | -49.2 | — |
| 2012 | 52,549 | 69,123 | −16,574 | -47.8 | — |
| 2013 | 52,383 | 70,337 | −17,954 | -50.0 | — |
| 2014 | 51,670 | 63,751 | −12,081 | -57.4 | — |
| 2015 | 51,908 | 54,671 | −2,763 | -67.6 | — |
| 2016 | 62,746 | 50,726 | 12,020 | -70.0 | — |
| 2017 | 64,907 | 55,387 | 9,520 | -62.0 | — |
| 2018 | 66,402 | 50,365 | 16,037 | -64.4 | — |
| 2019 | 65,135 | 53,291 | 11,844 | -58.2 | — |
| 2020 | 65,853 | 53,245 | 12,608 | -55.4 | — |
| 2021 | 66,099 | 57,901 | 8,198 | -49.2 | — |
| 2022 | 71,436 | 63,384 | 8,052 | -43.5 | — |
| 2023 | 71,223 | 67,476 | 3,747 | -40.2 | — |
In its most recent public year (2023), this organization brought in $3,747 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-40.2 months), up from -49.2 in 2011.
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 Apartments Corporation'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