Calvin Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,430,248 | 9,542,880 | 887,368 | 59.8 | 40% |
| 2012 | 9,839,198 | 10,577,708 | −738,510 | 51.3 | 40% |
| 2013 | 11,448,396 | 9,221,249 | 2,227,147 | 65.6 | 43% |
| 2014 | 12,716,758 | 8,983,869 | 3,732,889 | 74.9 | 46% |
| 2015 | 9,379,591 | 10,845,927 | −1,466,336 | 60.6 | 38% |
| 2016 | 10,664,786 | 10,808,446 | −143,660 | 60.7 | 37% |
| 2017 | 10,245,801 | 10,446,755 | −200,954 | 67.3 | 38% |
| 2018 | 11,675,439 | 10,882,342 | 793,097 | 66.7 | 36% |
| 2019 | 15,089,300 | 11,270,856 | 3,818,444 | 68.5 | 35% |
| 2020 | 14,130,036 | 11,103,762 | 3,026,274 | 72.3 | 35% |
| 2021 | 24,238,301 | 10,525,424 | 13,712,877 | 91.4 | 37% |
| 2022 | 13,491,868 | 10,741,645 | 2,750,223 | 86.0 | 42% |
In its most recent public year (2022), this organization brought in $2,750,223 more than it spent. Its reserves stood at about 86 months of spending, up from 59.8 in 2011. Staff pay was 42% of spending. $57,530,503 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 2022. 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
Calvin Theological Seminary's IRS filings as a feed — one entry per filing year, through 2022. 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