Calvary University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,099,214 | 4,552,487 | 1,546,727 | 8.6 | 52% |
| 2012 | 7,938,223 | 4,927,069 | 3,011,154 | 15.4 | 52% |
| 2013 | 10,548,227 | 4,881,440 | 5,666,787 | 29.8 | 53% |
| 2014 | 4,854,463 | 4,836,466 | 17,997 | 29.8 | 54% |
| 2015 | 4,057,031 | 4,960,177 | −903,146 | 26.5 | 53% |
| 2016 | 4,283,789 | 4,741,232 | −457,443 | 25.1 | 56% |
| 2017 | 4,632,808 | 4,695,806 | −62,998 | 25.5 | 54% |
| 2018 | 11,751,181 | 5,914,654 | 5,836,527 | 32.3 | 47% |
| 2019 | 7,107,548 | 6,913,535 | 194,013 | 27.4 | 46% |
| 2020 | 4,777,419 | 6,772,216 | −1,994,797 | 24.2 | 50% |
| 2021 | 1,875,961 | 6,000,293 | −4,124,332 | 19.1 | 50% |
| 2022 | 5,824,151 | 5,643,119 | 181,032 | 20.6 | 50% |
| 2023 | 6,816,931 | 6,231,940 | 584,991 | 19.7 | 46% |
In its most recent public year (2023), this organization brought in $584,991 more than it spent. Its reserves stood at about 19.7 months of spending, up from 8.6 in 2011. Staff pay was 46% of spending. $2,776,682 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
Calvary University'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