Mcpherson College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,649,391 | 33,823,393 | 3,825,998 | 22.1 | 25% |
| 2021 | 41,526,128 | 35,372,459 | 6,153,669 | 25.4 | 23% |
| 2022 | 65,375,899 | 39,460,583 | 25,915,316 | 29.1 | 22% |
| 2023 | 690,642,604 | 43,945,126 | 646,697,478 | 203.5 | 22% |
In its most recent public year (2023), this organization brought in $646,697,478 more than it spent. Its reserves stood at about 203.5 months of spending, up from 22.1 in 2020. Staff pay was 22% of spending. $713,936,136 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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