Grove City College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 69,578,857 | 61,682,921 | 7,895,936 | 47.0 | 40% |
| 2013 | 68,423,945 | 65,092,475 | 3,331,470 | 47.5 | 39% |
| 2014 | 68,332,545 | 69,629,051 | −1,296,506 | 46.7 | 39% |
| 2015 | 74,466,277 | 72,987,772 | 1,478,505 | 44.4 | 39% |
| 2016 | 74,898,238 | 73,261,381 | 1,636,857 | 42.6 | 39% |
| 2017 | 74,321,184 | 75,415,604 | −1,094,420 | 43.3 | 39% |
| 2018 | 85,993,349 | 76,922,417 | 9,070,932 | 44.8 | 39% |
| 2019 | 88,225,249 | 79,771,296 | 8,453,953 | 45.4 | 39% |
| 2020 | 83,985,773 | 79,104,729 | 4,881,044 | 45.7 | 40% |
| 2021 | 83,257,741 | 84,022,290 | −764,549 | 48.8 | 37% |
| 2022 | 94,491,889 | 83,804,078 | 10,687,811 | 48.4 | 37% |
| 2023 | 122,170,682 | 86,603,985 | 35,566,697 | 53.0 | 37% |
| 2024 | 178,506,655 | 92,034,181 | 86,472,474 | 63.3 | 37% |
In its most recent public year (2024), this organization brought in $86,472,474 more than it spent. Its reserves stood at about 63.3 months of spending, up from 47 in 2012. Staff pay was 37% of spending. $321,970,210 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 2024. 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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