Sterling College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,341,927 | 18,086,176 | 1,255,751 | 9.5 | 27% |
| 2012 | 17,601,061 | 18,863,191 | −1,262,130 | 8.3 | 27% |
| 2013 | 18,809,246 | 18,603,867 | 205,379 | 10.7 | 27% |
| 2014 | 19,437,547 | 19,591,037 | −153,490 | 10.6 | 27% |
| 2015 | 22,193,147 | 20,947,541 | 1,245,606 | 10.7 | 26% |
| 2016 | 21,810,324 | 22,052,467 | −242,143 | 9.9 | 27% |
| 2017 | 28,676,195 | 21,381,574 | 7,294,621 | 14.5 | 28% |
| 2018 | 29,182,073 | 22,501,458 | 6,680,615 | 17.4 | 28% |
| 2019 | 24,798,488 | 22,666,666 | 2,131,822 | 18.6 | 28% |
| 2020 | 19,510,953 | 20,397,332 | −886,379 | 19.9 | 29% |
| 2021 | 23,158,427 | 21,167,566 | 1,990,861 | 21.2 | 28% |
| 2022 | 21,210,039 | 23,481,842 | −2,271,803 | 17.0 | 26% |
| 2023 | 23,227,757 | 23,846,931 | −619,174 | 16.8 | 26% |
In its most recent public year (2023), this organization spent $619,174 more than it brought in. Its reserves stood at about 16.8 months of spending, up from 9.5 in 2011. Staff pay was 26% of spending. $26,034,431 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
Sterling 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