Pittsburgh Technical Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 257,192 | 179,007 | 78,185 | 0.7 | 0% |
| 2018 | 38,072,505 | 40,316,481 | −2,243,976 | 3.0 | 38% |
| 2019 | 36,997,514 | 38,655,344 | −1,657,830 | 2.0 | 38% |
| 2020 | 41,473,217 | 38,015,415 | 3,457,802 | 2.3 | 40% |
| 2021 | 39,911,852 | 37,713,183 | 2,198,669 | 3.5 | 38% |
| 2022 | 39,757,849 | 40,246,416 | −488,567 | 3.2 | 39% |
| 2023 | 23,870,856 | 31,885,111 | −8,014,255 | 1.0 | 42% |
In its most recent public year (2023), this organization spent $8,014,255 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 42% of spending. $199,204 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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