Nichols College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,244,565 | 41,486,985 | 6,757,580 | 11.6 | 24% |
| 2012 | 48,171,587 | 42,607,842 | 5,563,745 | 12.9 | 25% |
| 2013 | 48,369,067 | 43,422,351 | 4,946,716 | 14.2 | 4% |
| 2014 | 52,788,940 | 48,464,677 | 4,324,263 | 13.9 | 24% |
| 2015 | 58,916,941 | 53,618,213 | 5,298,728 | 13.6 | 24% |
| 2016 | 58,015,714 | 54,855,613 | 3,160,101 | 14.0 | 24% |
| 2017 | 59,904,575 | 56,608,414 | 3,296,161 | 14.6 | 25% |
| 2018 | 63,518,722 | 59,028,874 | 4,489,848 | 14.5 | 24% |
| 2019 | 62,468,920 | 59,773,607 | 2,695,313 | 14.9 | 24% |
| 2020 | 67,642,548 | 59,258,764 | 8,383,784 | 16.7 | 24% |
| 2021 | 61,690,656 | 58,183,064 | 3,507,592 | 19.2 | 24% |
| 2022 | 60,723,172 | 59,805,415 | 917,757 | 17.6 | 24% |
| 2023 | 60,728,130 | 63,833,463 | −3,105,333 | 16.4 | 24% |
In its most recent public year (2023), this organization spent $3,105,333 more than it brought in. Its reserves stood at about 16.4 months of spending, up from 11.6 in 2011. Staff pay was 24% of spending. $37,657,223 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
Nichols College'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