Holland Christian Education Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,588,235 | 15,910,306 | −1,322,071 | 31.8 | 45% |
| 2012 | 15,400,680 | 16,486,353 | −1,085,673 | 29.8 | 49% |
| 2013 | 15,429,101 | 17,116,734 | −1,687,633 | 27.6 | 47% |
| 2014 | 15,665,538 | 17,561,105 | −1,895,567 | 25.6 | 49% |
| 2015 | 17,723,878 | 17,028,638 | 695,240 | 26.8 | 49% |
| 2016 | 20,151,685 | 17,469,260 | 2,682,425 | 27.7 | 49% |
| 2017 | 17,111,864 | 17,466,204 | −354,340 | 27.6 | 50% |
| 2018 | 16,681,482 | 17,894,905 | −1,213,423 | 26.0 | 50% |
| 2019 | 18,996,175 | 18,548,991 | 447,184 | 25.4 | 49% |
| 2020 | 19,889,803 | 18,090,203 | 1,799,600 | 27.3 | 50% |
| 2021 | 18,896,825 | 19,796,868 | −900,043 | 25.2 | 48% |
| 2022 | 25,356,655 | 21,688,745 | 3,667,910 | 24.3 | 46% |
| 2023 | 24,805,560 | 24,221,420 | 584,140 | 22.3 | 44% |
In its most recent public year (2023), this organization brought in $584,140 more than it spent. Its reserves stood at about 22.3 months of spending, down from 31.8 in 2011. Staff pay was 44% of spending. $13,911,852 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
Holland Christian Education Society'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