Foundation Of The Pennsylvania Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 2,246,573 | 1,797,573 | 449,000 | 35.0 | 44% |
| 2016 | 2,311,191 | 1,946,137 | 365,054 | 34.3 | 50% |
| 2017 | 2,504,870 | 2,103,111 | 401,759 | 35.2 | 49% |
| 2018 | 2,709,195 | 1,840,992 | 868,203 | 44.1 | 62% |
| 2019 | 2,936,697 | 1,950,346 | 986,351 | 48.4 | 60% |
| 2020 | 6,767,746 | 1,859,893 | 4,907,853 | 82.5 | 57% |
| 2021 | 3,322,872 | 6,192,926 | −2,870,054 | 20.3 | 19% |
| 2022 | 3,182,138 | 2,475,543 | 706,595 | 51.4 | 47% |
| 2023 | 2,806,233 | 2,785,718 | 20,515 | 48.1 | 63% |
In its most recent public year (2023), this organization brought in $20,515 more than it spent. Its reserves stood at about 48.1 months of spending, up from 35 in 2015. Staff pay was 63% of spending. $3,124,718 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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