Pennsylvania Apartment Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 155,519 | 122,566 | 32,953 | 5.3 | — |
| 2018 | 100,703 | 94,376 | 6,327 | 7.7 | — |
| 2019 | 38,733 | 70,153 | −31,420 | 92.6 | 0% |
| 2020 | 1,590,277 | 1,444,297 | 145,980 | 6.3 | 59% |
| 2021 | 1,873,030 | 1,744,428 | 128,602 | 6.1 | 46% |
| 2022 | 2,288,319 | 2,273,204 | 15,115 | 4.7 | 37% |
| 2023 | 2,947,974 | 2,846,115 | 101,859 | 4.1 | 34% |
In its most recent public year (2023), this organization brought in $101,859 more than it spent. Its reserves stood at about 4.1 months of spending, down from 5.3 in 2017. Staff pay was 34% of spending. $101,858 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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