Carthage College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 105,172,588 | 96,002,968 | 9,169,620 | 20.2 | 27% |
| 2013 | 111,096,941 | 100,891,913 | 10,205,028 | 21.4 | 27% |
| 2014 | 120,149,472 | 109,289,402 | 10,860,070 | 22.3 | 26% |
| 2015 | 135,728,093 | 117,948,638 | 17,779,455 | 22.5 | 25% |
| 2016 | 132,420,268 | 130,164,588 | 2,255,680 | 20.4 | 24% |
| 2017 | 154,745,558 | 135,196,050 | 19,549,508 | 22.4 | 23% |
| 2018 | 144,344,191 | 149,442,023 | −5,097,832 | 20.6 | 23% |
| 2019 | 149,287,973 | 152,919,245 | −3,631,272 | 20.1 | 23% |
| 2020 | 147,961,776 | 149,611,948 | −1,650,172 | 20.3 | 21% |
| 2021 | 125,157,339 | 114,873,777 | 10,283,562 | 31.6 | 26% |
| 2022 | 132,470,161 | 124,024,073 | 8,446,088 | 27.2 | 24% |
| 2023 | 123,979,926 | 128,346,938 | −4,367,012 | 27.5 | 25% |
In its most recent public year (2023), this organization spent $4,367,012 more than it brought in. Its reserves stood at about 27.5 months of spending, up from 20.2 in 2012. Staff pay was 25% of spending. $127,154,116 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
Carthage 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