Loading…
Loading…
Pennsylvania · Nonprofit
THE PROGRESS FUND (Pennsylvania) is funded by 9 grantmakers whose IRS filings report $8,842,531 in grants to it, the largest being PENNSYLVANIA CDFI NETWORK ($3,389,031). 5 of them have funded it in more than one year.
Against its field
THE PROGRESS FUND runs a healthier operating margin than three-quarters of the 496 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 496 community improvement nonprofits $1M–$10M, FY2025
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
64% of THE PROGRESS FUND’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
$275k from 2 funders in 2024, up from $1.4M and 1 in 2019.
From the IRS filings of THE PROGRESS FUND’s funders (the co-funder graph). Association, not causation.
THE PROGRESS FUND leans on a few funders — its largest provides 38% of grant income and the top three 81%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2019 100% · 2020 87% · 2021 89% · 2022 35% · 2023 82% · 2024 91% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
20% of THE PROGRESS FUND's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year.
THE PROGRESS FUND is locally rooted: 100% of its grant income comes from Pennsylvania funders.
In-state vs out-of-state, by year
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 9 funders put you under-funded among the 400 organizations that share them.
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.0M on record.
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
Read directly from this organization’s own Form 990, as neutral context.
68% of spending goes to programs.
57%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Operates in 1 state
Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 9funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. view filing