Knox Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,990,569 | 2,067,726 | 922,843 | 5.4 | 59% |
| 2015 | 2,118,453 | 1,948,095 | 170,358 | 6.7 | 58% |
| 2016 | 4,509,432 | 1,898,460 | 2,610,972 | 23.4 | 52% |
| 2017 | 1,495,082 | 1,907,413 | −412,331 | 20.7 | 57% |
| 2018 | 2,210,030 | 1,818,290 | 391,740 | 24.3 | 51% |
| 2019 | 2,018,829 | 1,855,271 | 163,558 | 24.8 | 49% |
| 2020 | 1,453,193 | 1,956,379 | −503,186 | 20.5 | 55% |
| 2021 | 1,676,647 | 1,755,557 | −78,910 | 22.3 | 59% |
| 2022 | 1,585,767 | 1,892,504 | −306,737 | 18.7 | 59% |
| 2023 | 1,541,773 | 2,014,757 | −472,984 | 14.8 | 57% |
In its most recent public year (2023), this organization spent $472,984 more than it brought in. Its reserves stood at about 14.8 months of spending, up from 5.4 in 2014. Staff pay was 57% of spending. $1,287,154 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
Knox Theological Seminary'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