Westminster College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,528,059 | 36,684,435 | −4,156,376 | 26.0 | 29% |
| 2012 | 31,950,486 | 37,411,987 | −5,461,501 | 23.3 | 30% |
| 2013 | 38,854,911 | 37,574,071 | 1,280,840 | 23.7 | 29% |
| 2014 | 40,616,054 | 37,969,929 | 2,646,125 | 25.0 | 29% |
| 2015 | 34,766,726 | 36,059,183 | −1,292,457 | 25.2 | 28% |
| 2016 | 34,973,822 | 37,296,855 | −2,323,033 | 23.1 | 26% |
| 2017 | 37,338,969 | 38,865,474 | −1,526,505 | 22.8 | 27% |
| 2018 | 36,981,101 | 35,062,076 | 1,919,025 | 26.5 | 30% |
| 2019 | 33,115,271 | 32,886,268 | 229,003 | 28.2 | 28% |
| 2020 | 30,260,128 | 32,310,875 | −2,050,747 | 28.0 | 28% |
| 2021 | 40,644,989 | 35,832,724 | 4,812,265 | 27.6 | 28% |
| 2022 | 61,494,493 | 40,036,803 | 21,457,690 | 27.6 | 27% |
| 2023 | 53,881,566 | 39,429,746 | 14,451,820 | 34.4 | 29% |
In its most recent public year (2023), this organization brought in $14,451,820 more than it spent. Its reserves stood at about 34.4 months of spending, up from 26 in 2011. Staff pay was 29% of spending. $67,091,991 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
Westminster 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