Queens University Of Charlotte Endowment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 92,669,716 | 122,408 | 92,547,308 | 9253.6 | 0% |
| 2016 | 11,522,009 | 5,260,164 | 6,261,845 | 225.7 | 0% |
| 2017 | 4,804,156 | 5,276,564 | −472,408 | 246.4 | 0% |
| 2018 | 21,971,669 | 9,643,658 | 12,328,011 | 157.4 | 0% |
| 2019 | 10,247,500 | 8,391,991 | 1,855,509 | 181.3 | 0% |
| 2020 | 24,779,644 | 12,009,575 | 12,770,069 | 140.0 | 0% |
| 2021 | 2,324,123 | 3,524,204 | −1,200,081 | 631.8 | 0% |
| 2022 | 1,639,921 | 13,203,639 | −11,563,718 | 140.0 | 0% |
| 2023 | 3,459,786 | 13,945,020 | −10,485,234 | 133.0 | 0% |
In its most recent public year (2023), this organization spent $10,485,234 more than it brought in. Its reserves stood at about 133 months of spending, down from 9253.6 in 2015. Staff pay was 0% of spending. $154,502,680 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
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