William Penn University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,281,427 | 33,687,805 | 2,593,622 | 5.7 | 28% |
| 2012 | 36,707,439 | 37,384,205 | −676,766 | 6.1 | 26% |
| 2013 | 39,779,024 | 38,066,835 | 1,712,189 | 6.4 | 26% |
| 2014 | 39,759,774 | 39,832,565 | −72,791 | 6.3 | 24% |
| 2015 | 39,145,139 | 39,269,612 | −124,473 | 6.5 | 23% |
| 2016 | 40,064,882 | 39,416,597 | 648,285 | 6.8 | 23% |
| 2017 | 36,015,386 | 36,011,842 | 3,544 | 7.5 | 25% |
| 2018 | 37,124,395 | 36,854,156 | 270,239 | 7.4 | 22% |
| 2019 | 38,827,623 | 37,083,308 | 1,744,315 | 7.9 | 21% |
| 2020 | 40,090,210 | 38,687,396 | 1,402,814 | 8.0 | 21% |
| 2021 | 45,471,214 | 41,352,922 | 4,118,292 | 8.9 | 21% |
| 2022 | 45,582,134 | 43,858,725 | 1,723,409 | 8.7 | 21% |
| 2023 | 51,668,305 | 48,331,876 | 3,336,429 | 8.8 | 20% |
In its most recent public year (2023), this organization brought in $3,336,429 more than it spent. Its reserves stood at about 8.8 months of spending, up from 5.7 in 2011. Staff pay was 20% of spending. $17,298,704 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
William Penn University'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