Hood College Of Frederick Md
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 74,188,930 | 68,590,925 | 5,598,005 | 25.6 | 29% |
| 2021 | 86,749,150 | 72,794,787 | 13,954,363 | 30.8 | 28% |
| 2022 | 95,630,651 | 82,507,391 | 13,123,260 | 26.8 | 25% |
| 2023 | 86,931,431 | 87,614,316 | −682,885 | 26.0 | 24% |
In its most recent public year (2023), this organization spent $682,885 more than it brought in. Its reserves stood at about 26 months of spending. Staff pay was 24% of spending. $136,114,825 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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