Olivet College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,293,560 | 26,270,190 | 2,023,370 | 11.7 | 30% |
| 2012 | 28,510,311 | 26,671,155 | 1,839,156 | 12.2 | 32% |
| 2013 | 28,969,843 | 28,075,739 | 894,104 | 12.4 | 31% |
| 2014 | 33,491,747 | 28,951,441 | 4,540,306 | 14.5 | 30% |
| 2015 | 31,253,257 | 28,454,504 | 2,798,753 | 15.4 | 30% |
| 2016 | 35,765,475 | 30,512,151 | 5,253,324 | 16.2 | 28% |
| 2017 | 36,159,928 | 34,606,162 | 1,553,766 | 15.3 | 28% |
| 2018 | 39,566,327 | 37,076,875 | 2,489,452 | 15.1 | 27% |
| 2019 | 35,663,921 | 38,661,522 | −2,997,601 | 13.7 | 27% |
| 2020 | 37,903,463 | 38,782,907 | −879,444 | 13.4 | 26% |
| 2021 | 40,757,054 | 39,367,738 | 1,389,316 | 14.7 | 26% |
| 2022 | 41,045,976 | 40,347,156 | 698,820 | 13.2 | 26% |
| 2023 | 38,755,787 | 42,204,101 | −3,448,314 | 12.3 | 27% |
In its most recent public year (2023), this organization spent $3,448,314 more than it brought in. Its reserves stood at about 12.3 months of spending. Staff pay was 27% of spending. $29,490,621 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
Olivet 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