Andrews University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 95,302,339 | 90,169,569 | 5,132,770 | 16.3 | 36% |
| 2013 | 96,997,445 | 93,440,893 | 3,556,552 | 16.6 | 37% |
| 2014 | 99,156,317 | 94,984,757 | 4,171,560 | 16.8 | 37% |
| 2015 | 101,225,342 | 93,389,145 | 7,836,197 | 18.3 | 38% |
| 2016 | 90,199,944 | 92,192,621 | −1,992,677 | 17.7 | 39% |
| 2017 | 94,672,403 | 89,417,965 | 5,254,438 | 19.3 | 39% |
| 2018 | 94,436,875 | 92,132,305 | 2,304,570 | 19.4 | 38% |
| 2019 | 97,483,660 | 94,021,619 | 3,462,041 | 19.1 | 38% |
| 2020 | 94,639,752 | 90,795,654 | 3,844,098 | 19.4 | 40% |
| 2021 | 90,456,022 | 80,007,559 | 10,448,463 | 26.1 | 42% |
| 2022 | 91,457,423 | 85,426,550 | 6,030,873 | 24.6 | 38% |
| 2023 | 97,111,055 | 91,407,243 | 5,703,812 | 23.8 | 36% |
In its most recent public year (2023), this organization brought in $5,703,812 more than it spent. Its reserves stood at about 23.8 months of spending, up from 16.3 in 2012. Staff pay was 36% of spending. $87,363,547 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
Andrews University'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