SCommunity Improvement & Capacity BuildingEIN: 311598881· Ruling Year: 1998

Progress Fund

Greensburg, Pennsylvania

AHealth Score
85A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

💰
$4.5M
Total Revenue
📊
$1.5M
Total Expenses
🏦
$49.6M
Net Assets
📋
$12.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.0%
Year-over-year change (2022 → 2023)
Net Margin
+66.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
32.20
Net assets divided by total expenses
Liabilities-to-Assets
19.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,527,48419%$1,541,5296%$61,676,0888%
2022$5,589,608114%$1,460,4091%$56,975,5186%
2021$2,614,84179%$1,470,28314%$53,959,6751%
2020$12,277,681240%$1,716,4431%$54,718,52322%
2019$3,612,09120%$1,705,69317%$44,726,8474%
2018$3,003,09913%$1,461,8742%$43,180,4733%
2017$2,660,27037%$1,486,059$44,531,6906%
2016$4,220,0942%$1,482,03113%$41,886,12011%
2015$4,308,9735%$1,696,710$37,630,6542%
2014$4,090,6223%$1,692,377$37,045,25712%
2013$4,233,18550%$1,691,62915%$32,939,7734%
2012$2,818,93532%$1,466,4447%$31,746,7746%
2011$4,144,285$1,585,147$30,032,278

Frequently Asked Questions

What does Progress Fund do?

Progress Fund is a community improvement & capacity building nonprofit organization based in Pennsylvania. It is classified under NTEE code S32Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Progress Fund financially healthy?

Based on our 9-metric Financial Health Score model, Progress Fund has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Progress Fund generate?

Progress Fund reports $6.1M in annual revenue and holds $65.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Pennsylvania.