United Methodist Higher Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,266,767 | 2,410,661 | 1,856,106 | 211.8 | 15% |
| 2012 | 2,732,987 | 2,474,834 | 258,153 | 220.8 | 16% |
| 2013 | 5,748,248 | 2,543,059 | 3,205,189 | 248.8 | 17% |
| 2014 | 5,267,916 | 2,655,630 | 2,612,286 | 231.4 | 16% |
| 2015 | 3,970,643 | 2,667,880 | 1,302,763 | 214.2 | 17% |
| 2016 | 2,936,032 | 2,630,436 | 305,596 | 221.4 | 18% |
| 2017 | 1,354,869 | 2,367,741 | −1,012,872 | 276.8 | 19% |
| 2018 | 1,714,333 | 2,456,481 | −742,148 | 240.9 | 19% |
| 2019 | 6,709,879 | 2,407,077 | 4,302,802 | 287.9 | 20% |
| 2020 | 1,756,958 | 2,415,236 | −658,278 | 330.5 | 22% |
| 2021 | 1,398,493 | 2,427,930 | −1,029,437 | 345.4 | 21% |
| 2022 | 2,034,614 | 2,391,061 | −356,447 | 280.5 | 22% |
| 2023 | 2,391,247 | 2,736,377 | −345,130 | 269.0 | 22% |
In its most recent public year (2023), this organization spent $345,130 more than it brought in. Its reserves stood at about 269 months of spending, up from 211.8 in 2011. Staff pay was 22% of spending. $31,819,062 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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