Educational Testing Service
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,037,623,356 | 1,011,058,587 | 26,564,769 | 4.6 | 26% |
| 2012 | 1,073,691,830 | 1,057,597,460 | 16,094,370 | 5.6 | 26% |
| 2013 | 1,138,103,154 | 1,110,361,270 | 27,741,884 | 6.5 | 28% |
| 2014 | 1,238,134,148 | 1,169,262,069 | 68,872,079 | 6.7 | 27% |
| 2015 | 927,966,565 | 910,057,411 | 17,909,154 | 9.0 | 28% |
| 2016 | 1,354,004,394 | 1,310,350,131 | 43,654,263 | 6.7 | 26% |
| 2017 | 1,406,594,609 | 1,340,050,663 | 66,543,946 | 7.3 | 26% |
| 2018 | 2,126,448,788 | 1,328,361,774 | 798,087,014 | 13.8 | 26% |
| 2019 | 1,294,400,343 | 1,282,249,119 | 12,151,224 | 14.0 | 26% |
| 2020 | 1,027,876,335 | 1,098,244,329 | −70,367,994 | 15.4 | 30% |
| 2021 | 1,142,101,466 | 1,094,475,746 | 47,625,720 | 18.4 | 27% |
| 2022 | 1,115,319,662 | 1,110,255,565 | 5,064,097 | 16.2 | 26% |
| 2023 | 1,058,224,336 | 1,067,874,626 | −9,650,290 | 16.8 | 27% |
In its most recent public year (2023), this organization spent $9,650,290 more than it brought in. Its reserves stood at about 16.8 months of spending, up from 4.6 in 2011. Staff pay was 27% 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 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works