Riggs Institute & Prepartory
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 171,218 | 185,657 | −14,439 | 59.6 | 19% |
| 2012 | 138,553 | 184,435 | −45,882 | 57.0 | 19% |
| 2013 | 102,815 | 67,562 | 35,253 | 161.9 | 52% |
| 2014 | 120,589 | 94,669 | 25,920 | 129.6 | 37% |
| 2015 | 158,600 | 169,371 | −10,771 | 71.7 | 28% |
| 2016 | 126,878 | 116,582 | 10,296 | 95.9 | 30% |
| 2017 | 103,544 | 66,148 | 37,396 | 182.7 | 53% |
| 2018 | 92,241 | 79,496 | 12,745 | 151.2 | 45% |
| 2019 | 110,239 | 107,002 | 3,237 | 110.3 | 34% |
| 2020 | 101,072 | 51,608 | 49,464 | 216.2 | 71% |
| 2021 | 81,265 | 100,240 | −18,975 | 137.3 | 0% |
| 2022 | 200,925 | 205,526 | −4,601 | 60.1 | 18% |
| 2023 | 144,637 | 83,441 | 61,196 | 153.6 | 44% |
| 2024 | 81,248 | 121,415 | −40,167 | 112.9 | 29% |
In its most recent public year (2024), this organization spent $40,167 more than it brought in. Its reserves stood at about 112.9 months of spending, up from 59.6 in 2011. Staff pay was 29% of spending.
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 2024. 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
Riggs Institute & Prepartory's IRS filings as a feed — one entry per filing year, through 2024. 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