Higher Learning Commission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,105,596 | 10,810,392 | 2,295,204 | 12.1 | 35% |
| 2012 | 13,720,198 | 11,989,592 | 1,730,606 | 12.7 | 35% |
| 2013 | 13,565,909 | 11,880,811 | 1,685,098 | 14.7 | 37% |
| 2014 | 13,645,826 | 12,453,444 | 1,192,382 | 15.7 | 37% |
| 2015 | 14,422,087 | 12,844,952 | 1,577,135 | 16.1 | 39% |
| 2016 | 14,982,467 | 14,034,437 | 948,030 | 15.7 | 39% |
| 2017 | 16,213,691 | 14,955,018 | 1,258,673 | 16.4 | 3% |
| 2018 | 16,812,505 | 15,435,831 | 1,376,674 | 17.4 | 3% |
| 2019 | 17,767,043 | 16,119,081 | 1,647,962 | 17.4 | 39% |
| 2020 | 12,665,787 | 14,289,710 | −1,623,923 | 19.2 | 43% |
| 2021 | 14,624,391 | 13,396,214 | 1,228,177 | 23.4 | 47% |
| 2022 | 14,566,348 | 15,458,783 | −892,435 | 17.1 | 42% |
| 2023 | 16,664,040 | 16,933,289 | −269,249 | 15.5 | 40% |
In its most recent public year (2023), this organization spent $269,249 more than it brought in. Its reserves stood at about 15.5 months of spending, up from 12.1 in 2011. Staff pay was 40% 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
Higher Learning Commission'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