Bethel College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 27,508,072 | 14,337,505 | 13,170,567 | 47.6 | 45% |
| 2022 | 18,634,456 | 15,516,299 | 3,118,157 | 42.8 | 44% |
| 2023 | 27,822,139 | 27,162,102 | 660,037 | 26.1 | 27% |
| 2024 | 31,391,337 | 27,564,182 | 3,827,155 | 29.1 | 28% |
In its most recent public year (2024), this organization brought in $3,827,155 more than it spent. Its reserves stood at about 29.1 months of spending, down from 47.6 in 2021. Staff pay was 28% of spending. $46,589,952 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 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
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