Penngift Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 956,784 | 865,472 | 91,312 | 15.2 | 4% |
| 2012 | 1,203,114 | 1,069,433 | 133,681 | 13.8 | 3% |
| 2013 | 1,066,582 | 1,001,136 | 65,446 | 15.5 | 4% |
| 2014 | 1,049,963 | 1,013,087 | 36,876 | 15.8 | 4% |
| 2015 | 598,916 | 652,019 | −53,103 | 23.6 | 6% |
| 2016 | 1,220,138 | 1,139,583 | 80,555 | 14.3 | 4% |
| 2017 | 813,630 | 787,050 | 26,580 | 21.2 | 5% |
| 2018 | 980,883 | 935,218 | 45,665 | 18.4 | 4% |
| 2019 | 888,960 | 973,289 | −84,329 | 16.6 | 6% |
| 2020 | 864,883 | 865,196 | −313 | 18.7 | 6% |
| 2021 | 936,953 | 650,205 | 286,748 | 30.2 | 0% |
| 2022 | 1,987,601 | 1,262,430 | 725,171 | 22.4 | 4% |
| 2023 | 3,174,801 | 1,929,858 | 1,244,943 | 22.4 | 4% |
In its most recent public year (2023), this organization brought in $1,244,943 more than it spent. Its reserves stood at about 22.4 months of spending, up from 15.2 in 2011. Staff pay was 4% of spending. $3,444,917 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
Penngift 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