Westminster College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 65,693,298 | 59,918,058 | 5,775,240 | 30.4 | 28% |
| 2012 | 67,200,189 | 62,312,925 | 4,887,264 | 28.9 | 27% |
| 2013 | 68,621,851 | 62,061,711 | 6,560,140 | 31.4 | 27% |
| 2014 | 58,939,737 | 59,473,159 | −533,422 | 35.3 | 28% |
| 2015 | 56,706,850 | 58,445,872 | −1,739,022 | 35.1 | 28% |
| 2016 | 56,630,471 | 60,176,669 | −3,546,198 | 32.4 | 26% |
| 2017 | 69,207,894 | 63,294,636 | 5,913,258 | 32.1 | 25% |
| 2018 | 65,549,690 | 66,536,306 | −986,616 | 31.3 | 25% |
| 2019 | 67,833,965 | 68,101,020 | −267,055 | 31.1 | 26% |
| 2020 | 61,927,108 | 63,760,142 | −1,833,034 | 31.6 | 23% |
| 2021 | 66,926,060 | 63,556,883 | 3,369,177 | 37.5 | 22% |
| 2022 | 71,562,390 | 67,394,613 | 4,167,777 | 35.0 | 21% |
| 2023 | 60,905,237 | 66,270,949 | −5,365,712 | 35.4 | 22% |
In its most recent public year (2023), this organization spent $5,365,712 more than it brought in. Its reserves stood at about 35.4 months of spending, up from 30.4 in 2011. Staff pay was 22% of spending. $132,048,857 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
Westminster College'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