Boricua College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,400,301 | 14,284,033 | 2,116,268 | 13.8 | 52% |
| 2012 | 14,389,803 | 14,066,840 | 322,963 | 14.3 | 51% |
| 2013 | 14,580,906 | 13,744,849 | 836,057 | 15.3 | 51% |
| 2014 | 12,225,685 | 14,114,077 | −1,888,392 | 25.3 | 50% |
| 2015 | 13,075,090 | 13,727,426 | −652,336 | 26.0 | 51% |
| 2016 | 11,436,346 | 12,954,745 | −1,518,399 | 30.0 | 53% |
| 2017 | 11,746,316 | 12,666,067 | −919,751 | 29.8 | 53% |
| 2018 | 39,339,144 | 14,874,914 | 24,464,230 | 45.1 | 55% |
| 2019 | 9,340,055 | 12,404,445 | −3,064,390 | 51.2 | 52% |
| 2020 | 10,144,788 | 11,592,619 | −1,447,831 | 53.1 | 56% |
| 2021 | 15,043,210 | 12,981,558 | 2,061,652 | 50.0 | 41% |
| 2022 | 9,310,938 | 12,837,570 | −3,526,632 | 41.3 | 43% |
| 2023 | 7,204,029 | 11,901,807 | −4,697,778 | 40.4 | 47% |
In its most recent public year (2023), this organization spent $4,697,778 more than it brought in. Its reserves stood at about 40.4 months of spending, up from 13.8 in 2011. Staff pay was 47% of spending. $1,301,919 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
Boricua 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