Randolph College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,841,682 | 46,759,444 | 11,082,238 | 56.7 | 33% |
| 2021 | 43,744,013 | 35,207,125 | 8,536,888 | 94.9 | 41% |
| 2022 | 52,320,654 | 38,611,524 | 13,709,130 | 83.1 | 37% |
| 2023 | 26,358,729 | 40,534,853 | −14,176,124 | 76.9 | 38% |
In its most recent public year (2023), this organization spent $14,176,124 more than it brought in. Its reserves stood at about 76.9 months of spending, up from 56.7 in 2020. Staff pay was 38% of spending. $156,049,156 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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