Palmer College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 65,062,946 | 60,882,620 | 4,180,326 | 17.6 | 45% |
| 2012 | 63,882,871 | 60,102,395 | 3,780,476 | 18.6 | 47% |
| 2013 | 66,295,059 | 55,938,254 | 10,356,805 | 22.7 | 48% |
| 2014 | 67,768,734 | 58,845,979 | 8,922,755 | 23.4 | 46% |
| 2015 | 63,721,020 | 59,310,845 | 4,410,175 | 24.0 | 46% |
| 2016 | 68,381,038 | 61,267,594 | 7,113,444 | 24.1 | 40% |
| 2017 | 72,705,333 | 62,778,167 | 9,927,166 | 26.4 | 44% |
| 2018 | 75,468,808 | 63,363,498 | 12,105,310 | 29.1 | 43% |
| 2019 | 73,686,181 | 64,712,989 | 8,973,192 | 30.3 | 41% |
| 2020 | 73,082,571 | 64,514,960 | 8,567,611 | 32.0 | 42% |
| 2021 | 79,355,260 | 62,557,319 | 16,797,941 | 38.9 | 41% |
| 2022 | 91,492,236 | 65,487,243 | 26,004,993 | 38.3 | 39% |
| 2023 | 90,436,928 | 70,222,213 | 20,214,715 | 40.6 | 37% |
In its most recent public year (2023), this organization brought in $20,214,715 more than it spent. Its reserves stood at about 40.6 months of spending, up from 17.6 in 2011. Staff pay was 37% of spending. $54,686,758 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
Palmer College Foundation'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