Sterling College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,548,048 | 4,605,955 | −57,907 | 5.6 | 30% |
| 2012 | 5,267,828 | 4,922,545 | 345,283 | 6.0 | 30% |
| 2013 | 4,868,927 | 5,389,877 | −520,950 | 4.3 | 29% |
| 2014 | 6,936,934 | 6,411,922 | 525,012 | 4.9 | 26% |
| 2015 | 8,571,737 | 7,359,911 | 1,211,826 | 6.4 | 27% |
| 2016 | 7,398,091 | 7,676,146 | −278,055 | 4.1 | 28% |
| 2017 | 8,491,655 | 8,031,215 | 460,440 | 4.7 | 27% |
| 2018 | 8,582,283 | 8,638,468 | −56,185 | 4.4 | 28% |
| 2019 | 10,360,268 | 8,357,369 | 2,002,899 | 7.6 | 29% |
| 2020 | 10,163,939 | 9,312,188 | 851,751 | 7.9 | 27% |
| 2021 | 9,817,486 | 9,587,017 | 230,469 | 8.0 | 30% |
| 2022 | 9,298,193 | 9,868,328 | −570,135 | 6.9 | 29% |
| 2023 | 9,079,705 | 8,764,137 | 315,568 | 8.3 | 30% |
In its most recent public year (2023), this organization brought in $315,568 more than it spent. Its reserves stood at about 8.3 months of spending, up from 5.6 in 2011. Staff pay was 30% of spending. $3,482,455 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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