PPIC’s operating revenue comes from a range of sources. Operating revenue from donors consists of foundation grants, gifts from individual and corporate donors, and federal grants. Gifts and grants supplement the use of funds in hand to cover operating expenses.
Program-related expenses make up the majority of PPIC’s operating expenses. PPIC has a high level of program efficiency, meaning that the amount of each dollar dedicated to achieving the mission of the organization is significant. PPIC’s program efficiency was 79% in FY19 compared to 77% the prior year.
Other revenue and expense items represent PPIC’s ownership of a building in San Francisco that also serves as our office space.
The results presented here are derived from our audited financials.
Contributions by Donor Type
Statement of Revenue, Expenses, and Assets FY 2019