Maine College Of Health Professions
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,727,250 | 5,277,838 | 1,449,412 | 27.6 | 35% |
| 2021 | 4,663,699 | 4,053,578 | 610,121 | 24.4 | 47% |
| 2022 | 5,250,072 | 4,676,211 | 573,861 | 21.0 | 0% |
| 2023 | 9,930,190 | 4,602,969 | 5,327,221 | 40.2 | 0% |
In its most recent public year (2023), this organization brought in $5,327,221 more than it spent. Its reserves stood at about 40.2 months of spending, up from 27.6 in 2020. Staff pay was 0% of spending. $11,152,819 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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