Alvernia University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 90,031,322 | 89,491,945 | 539,377 | 10.5 | 30% |
| 2021 | 95,081,887 | 86,819,297 | 8,262,590 | 13.1 | 27% |
| 2022 | 111,427,608 | 96,409,408 | 15,018,200 | 13.0 | 25% |
| 2023 | 110,643,942 | 104,747,650 | 5,896,292 | 12.8 | 25% |
In its most recent public year (2023), this organization brought in $5,896,292 more than it spent. Its reserves stood at about 12.8 months of spending, up from 10.5 in 2020. Staff pay was 25% of spending. $36,336,102 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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