Hillsdale College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 98,168,716 | 90,876,149 | 7,292,567 | 74.4 | 30% |
| 2012 | 103,985,949 | 101,783,740 | 2,202,209 | 64.1 | 29% |
| 2013 | 212,280,691 | 104,546,138 | 107,734,553 | 76.5 | 30% |
| 2014 | 181,165,251 | 118,464,216 | 62,701,035 | 77.6 | 28% |
| 2015 | 200,352,549 | 129,853,793 | 70,498,756 | 74.5 | 28% |
| 2016 | 172,784,501 | 129,460,737 | 43,323,764 | 74.8 | 29% |
| 2018 | 219,356,427 | 151,999,759 | 67,356,668 | 79.8 | 26% |
| 2019 | 210,643,421 | 166,228,751 | 44,414,670 | 76.3 | 26% |
| 2020 | 287,422,849 | 172,808,580 | 114,614,269 | 78.1 | 26% |
| 2021 | 367,996,683 | 191,767,397 | 176,229,286 | 88.4 | 25% |
| 2022 | 366,213,645 | 214,265,709 | 151,947,936 | 81.4 | 25% |
| 2023 | 320,784,822 | 248,527,191 | 72,257,631 | 76.7 | 24% |
In its most recent public year (2023), this organization brought in $72,257,631 more than it spent. Its reserves stood at about 76.7 months of spending, up from 74.4 in 2011. Staff pay was 24% of spending. $1,346,515,969 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
Hillsdale 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