Rockbridge Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 417,924 | 461,824 | −43,900 | 9.7 | 65% |
| 2022 | 465,406 | 431,741 | 33,665 | 11.4 | 49% |
| 2023 | 447,344 | 445,916 | 1,428 | 11.0 | 60% |
| 2024 | 467,773 | 432,647 | 35,126 | 12.3 | 63% |
In its most recent public year (2024), this organization brought in $35,126 more than it spent. Its reserves stood at about 12.3 months of spending, up from 9.7 in 2021. Staff pay was 63% of spending.
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 2024. 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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