Overview

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Est.

1969

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Penny Lane Centers is a nonprofit organization dedicated to providing residential mental health care, guided by its mission to empower hopes and dreams while upholding values of commitment, community, and collaboration. With an operating budget of $61.1 million and total revenue of $66.7 million for the filing year 2025, the organization relies on significant support from major funders including AMERICAN ONLINE GIVING FOUNDATION INC and NETWORK FOR GOOD. Penny Lane Centers is committed to inclusivity, welcoming individuals regardless of gender, race, age, religion, disability, marital status, ethnic background, sexual orientation, gender identity, and gender expression.

Mission Statement

We empower hopes and dreams. Our values are commitment, community, and collaboration. We welcome all regardless of gender, race, age, religion, disability, marital status, ethnic background, sexual orientation, gender identity and gender expression.
Revenues
$70.5M
Expenses
$64.7M
Net Income:
+$5.9M
Assets
$50.8M
Liabilities
$17.8M
Net Assets:
+$33M
Operating Budget
$60.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
11
Median grant size
$12.6K
Largest grant received
$130K
W
Wendy Carpenter
Board Member
A
Annick Hamon
Board Member
M
Morgan Hakimi PhD
Board Member
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  • 33 funders
  • 50 board & team members
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Frequently Asked Questions

What is Penny Lane Centers’s budget?
In 2024, Penny Lane Centers reported an annual operating budget of around $60.6 million. More detailed financial information is available to registered users.
What causes does Penny Lane Centers support?
Penny Lane Centers supports work in Residential mental health care.
Where does Penny Lane Centers operate?
Penny Lane Centers is headquartered in North Hollywood, CA.
Who funded Penny Lane Centers recently?
In 2025, Penny Lane Centers received grants from AMERICAN ONLINE GIVING FOUNDATION INC, FANNY & SVANTE KNISTROM FOUNDATION C/O STICKEL FRAHN & LLOYD, and THE AHMANSON FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Penny Lane Centers received in 2024?
The largest grant to Penny Lane Centers in 2024 exceeds $130 thousand.
What is Penny Lane Centers’s reliance on government grants?
Penny Lane Centers relied on government grants for more than 90% of their total revenue in 2024.