Wilmington College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,055,163 | 38,339,141 | 716,022 | 16.1 | 27% |
| 2012 | 39,990,043 | 39,798,487 | 191,556 | 15.2 | 26% |
| 2013 | 43,112,602 | 40,258,147 | 2,854,455 | 16.1 | 26% |
| 2014 | 41,539,183 | 40,807,369 | 731,814 | 17.2 | 26% |
| 2015 | 46,022,459 | 42,379,014 | 3,643,445 | 17.2 | 25% |
| 2016 | 36,292,346 | 37,180,873 | −888,527 | 18.9 | 27% |
| 2017 | 37,911,235 | 37,878,205 | 33,030 | 19.0 | 28% |
| 2018 | 40,344,716 | 38,779,624 | 1,565,092 | 19.0 | 27% |
| 2019 | 39,940,482 | 40,179,802 | −239,320 | 18.5 | 26% |
| 2020 | 56,018,873 | 41,131,988 | 14,886,885 | 22.0 | 26% |
| 2021 | 72,527,709 | 42,732,459 | 29,795,250 | 30.7 | 26% |
| 2022 | 36,397,348 | 40,865,659 | −4,468,311 | 29.5 | 27% |
| 2023 | 37,880,480 | 44,205,280 | −6,324,800 | 27.6 | 26% |
In its most recent public year (2023), this organization spent $6,324,800 more than it brought in. Its reserves stood at about 27.6 months of spending, up from 16.1 in 2011. Staff pay was 26% of spending. $56,540,638 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
Wilmington 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