Gordon College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 92,822,591 | 91,195,466 | 1,627,125 | 19.4 | 31% |
| 2021 | 107,400,748 | 89,528,409 | 17,872,339 | 21.7 | 30% |
| 2022 | 76,874,493 | 75,541,560 | 1,332,933 | 22.9 | 35% |
| 2023 | 62,766,673 | 74,166,129 | −11,399,456 | 24.5 | 36% |
In its most recent public year (2023), this organization spent $11,399,456 more than it brought in. Its reserves stood at about 24.5 months of spending, up from 19.4 in 2020. Staff pay was 36% of spending. $81,547,433 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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