Pitt Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 646,633 | 530,059 | 116,574 | 77.9 | 0% |
| 2013 | 604,396 | 612,513 | −8,117 | 49.5 | 0% |
| 2014 | 1,053,015 | 827,273 | 225,742 | 39.9 | 0% |
| 2015 | 1,520,771 | 850,459 | 670,312 | 48.0 | 0% |
| 2016 | 1,415,570 | 952,441 | 463,129 | 49.5 | 12% |
| 2017 | 1,289,633 | 1,048,790 | 240,843 | 48.6 | 0% |
| 2018 | 3,984,299 | 1,008,472 | 2,975,827 | 85.9 | 0% |
| 2019 | 1,212,928 | 852,805 | 360,123 | 106.7 | 0% |
| 2020 | 2,058,963 | 746,863 | 1,312,100 | 142.8 | 0% |
| 2021 | 1,073,860 | 703,364 | 370,496 | 166.8 | 0% |
| 2022 | 2,691,857 | 644,199 | 2,047,658 | 204.0 | 0% |
| 2023 | 1,913,782 | 5,557,036 | −3,643,254 | 16.7 | 0% |
In its most recent public year (2023), this organization spent $3,643,254 more than it brought in. Its reserves stood at about 16.7 months of spending, down from 77.9 in 2012. Staff pay was 0% of spending. $7,696,475 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works