Purchase College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,666,237 | 5,315,090 | 351,147 | 117.4 | 21% |
| 2012 | 7,609,297 | 5,356,768 | 2,252,529 | 118.8 | 20% |
| 2013 | 8,912,295 | 6,326,752 | 2,585,543 | 115.1 | 21% |
| 2014 | 10,206,669 | 7,075,875 | 3,130,794 | 117.9 | 21% |
| 2015 | 12,844,786 | 8,038,584 | 4,806,202 | 107.7 | 17% |
| 2016 | 8,578,456 | 7,948,528 | 629,928 | 102.9 | 15% |
| 2017 | 8,743,215 | 8,526,430 | 216,785 | 105.7 | 14% |
| 2018 | 20,773,681 | 9,220,023 | 11,553,658 | 103.4 | 14% |
| 2019 | 9,476,735 | 8,619,779 | 856,956 | 114.5 | 19% |
| 2020 | 5,178,065 | 7,386,735 | −2,208,670 | 125.9 | 24% |
| 2021 | 15,741,268 | 4,876,624 | 10,864,644 | 232.1 | 29% |
| 2022 | 10,823,591 | 5,032,239 | 5,791,352 | 195.9 | 24% |
| 2023 | 3,221,299 | 5,986,461 | −2,765,162 | 171.4 | 18% |
In its most recent public year (2023), this organization spent $2,765,162 more than it brought in. Its reserves stood at about 171.4 months of spending, up from 117.4 in 2011. Staff pay was 18% of spending. $77,068,687 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
Purchase College Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works