The Jcpenney Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,447,980 | 15,626,042 | −3,178,062 | 2.6 | 0% |
| 2012 | 2,978,393 | 5,621,882 | −2,643,489 | 1.7 | 0% |
| 2013 | 702,119 | 484,171 | 217,948 | 25.0 | 0% |
| 2014 | 2,673,381 | 2,323,580 | 349,801 | 7.0 | 0% |
| 2015 | 4,066,785 | 3,392,812 | 673,973 | 7.3 | 0% |
| 2016 | 649,892 | 901,080 | −251,188 | 24.5 | 0% |
| 2017 | 4,878,003 | 1,954,100 | 2,923,903 | 29.4 | 0% |
| 2018 | 2,006,968 | 2,757,159 | −750,191 | 17.7 | 0% |
| 2019 | 1,542,411 | 1,406,478 | 135,933 | 35.9 | 0% |
| 2020 | 895,693 | 1,730,027 | −834,334 | 23.2 | 0% |
| 2021 | 958,516 | 1,574,078 | −615,562 | 20.8 | 0% |
| 2022 | 1,255,628 | 983,377 | 272,251 | 38.1 | 0% |
| 2023 | 1,472,253 | 1,366,349 | 105,904 | 29.3 | 0% |
In its most recent public year (2023), this organization brought in $105,904 more than it spent. Its reserves stood at about 29.3 months of spending, up from 2.6 in 2011. Staff pay was 0% of spending.
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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