Randolph-Macon College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 95,275,193 | 92,950,382 | 2,324,811 | 37.3 | 26% |
| 2021 | 119,204,346 | 94,640,794 | 24,563,552 | 43.6 | 27% |
| 2022 | 106,388,149 | 96,600,817 | 9,787,332 | 39.7 | 27% |
| 2023 | 107,681,531 | 101,544,777 | 6,136,754 | 39.5 | 27% |
In its most recent public year (2023), this organization brought in $6,136,754 more than it spent. Its reserves stood at about 39.5 months of spending, up from 37.3 in 2020. Staff pay was 27% of spending. $160,743,769 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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