Penny Lane Centers

Fiscal year ending 2024. Filed on March 13, 2025.

10526 Dubnoff Way
North Hollywood, California 91606

Penny Lane Centers (EIN: 95-2633765) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Penny Lane Centers, a 501(c)(3) charitable organization, reported compensation for 7 out of 574 total employees. Among the employees shown here, the average compensation is $271,476. The highest compensated employee at Penny Lane Centers is Wendy Carpenter with fiscal year 2024 compensation of $391,697.

Revenue, expenses, and employee compensation

Revenue

$70,526,520

Expenses

$64,675,311

Employee compensation

$44,526,492
Revenue, expenses, and employee compensation over time

Mission Statement

Penny Lane Centers ("Penny Lane") is a public non-profit organization established in 1969 and has been serving the community since. Its mission is to foster hopes and dreams and transforming lives by empowering children, youth, and families to reach their highest potential. Penny Lane provides, foster family home placement for boys and girls of all ages, a variety of community based services as well as services for those in our transitional housing and permanent housing programs. Penny Lane also offers a variety of outpatient mental health services in its 4 primary locations in Los Angeles County.

Revisions to this organization profile

March 13, 2025:
2024 Penny Lane Centers 990 filed
March 19, 2024:
2023 Penny Lane Centers 990 filed
March 24, 2023:
2022 Penny Lane Centers 990 filed

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