Viterbo College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 70,480,821 | 61,500,311 | 8,980,510 | 24.9 | 33% |
| 2022 | 68,530,789 | 64,226,204 | 4,304,585 | 22.1 | 32% |
| 2023 | 60,865,710 | 63,219,426 | −2,353,716 | 22.7 | 33% |
In its most recent public year (2023), this organization spent $2,353,716 more than it brought in. Its reserves stood at about 22.7 months of spending, down from 24.9 in 2021. Staff pay was 33% of spending. $32,560,039 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
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