The Black College Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 169,719 | 109,022 | 60,697 | 37.7 | 0% |
| 2012 | 179,425 | 94,243 | 85,182 | 54.4 | 0% |
| 2013 | 769 | 113,660 | −112,891 | 33.2 | 0% |
| 2014 | 425,280 | 104,662 | 320,618 | 72.8 | 0% |
| 2015 | 29,753 | 100,184 | −70,431 | 67.6 | 0% |
| 2016 | 549 | 98,834 | −98,285 | 56.6 | 0% |
| 2017 | 937 | 36,770 | −35,833 | 140.5 | 0% |
| 2018 | 242 | 48,890 | −48,648 | 93.8 | 0% |
| 2019 | 1,298 | 39,492 | −38,194 | 104.5 | 0% |
| 2020 | 1,780 | 17,890 | −16,110 | 219.8 | 0% |
| 2021 | 264 | 10,035 | −9,771 | 380.1 | 0% |
| 2022 | 274 | 6,310 | −6,036 | 593.1 | 0% |
| 2023 | 1,621 | 101,891 | −100,270 | 24.9 | 0% |
In its most recent public year (2023), this organization spent $100,270 more than it brought in. Its reserves stood at about 24.9 months of spending, down from 37.7 in 2011. Staff pay was 0% of spending.
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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