President & Trustees Of Colby College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 292,366,000 | 212,296,000 | 80,070,000 | 87.1 | 33% |
| 2021 | 290,124,000 | 230,448,000 | 59,676,000 | 100.6 | 31% |
| 2022 | 403,263,000 | 260,146,000 | 143,117,000 | 84.9 | 29% |
| 2023 | 287,466,000 | 284,605,000 | 2,861,000 | 77.3 | 28% |
In its most recent public year (2023), this organization brought in $2,861,000 more than it spent. Its reserves stood at about 77.3 months of spending, down from 87.1 in 2020. Staff pay was 28% of spending. $1,169,761,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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