Calvin University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 156,717,179 | 152,559,590 | 4,157,589 | 21.4 | 33% |
| 2012 | 157,082,902 | 158,525,190 | −1,442,288 | 16.6 | 33% |
| 2013 | 171,078,941 | 164,591,540 | 6,487,401 | 18.9 | 32% |
| 2014 | 196,085,389 | 165,096,662 | 30,988,727 | 21.1 | 31% |
| 2015 | 175,380,414 | 168,635,790 | 6,744,624 | 20.9 | 31% |
| 2016 | 176,514,071 | 169,703,960 | 6,810,111 | 20.4 | 31% |
| 2017 | 182,021,236 | 172,843,368 | 9,177,868 | 22.0 | 30% |
| 2018 | 189,610,675 | 176,002,739 | 13,607,936 | 23.2 | 30% |
| 2019 | 185,893,983 | 176,102,407 | 9,791,576 | 23.9 | 30% |
| 2020 | 209,548,944 | 174,189,624 | 35,359,320 | 26.1 | 29% |
| 2021 | 166,988,840 | 153,262,573 | 13,726,267 | 35.3 | 29% |
| 2022 | 190,369,265 | 168,886,336 | 21,482,929 | 32.1 | 27% |
| 2023 | 190,867,663 | 180,039,650 | 10,828,013 | 31.8 | 27% |
In its most recent public year (2023), this organization brought in $10,828,013 more than it spent. Its reserves stood at about 31.8 months of spending, up from 21.4 in 2011. Staff pay was 27% of spending. $304,395,156 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
Calvin 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