Patrick Henry College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,338,382 | 16,406,311 | −6,067,929 | 29.3 | 39% |
| 2012 | 19,075,910 | 17,508,322 | 1,567,588 | 28.5 | 38% |
| 2013 | 17,129,619 | 17,092,590 | 37,029 | 29.3 | 39% |
| 2014 | 17,651,439 | 17,484,639 | 166,800 | 28.7 | 39% |
| 2015 | 14,906,191 | 17,073,389 | −2,167,198 | 27.7 | 40% |
| 2016 | 14,996,389 | 15,766,405 | −770,016 | 29.1 | 37% |
| 2017 | 14,714,610 | 15,347,766 | −633,156 | 29.1 | 36% |
| 2018 | 16,759,895 | 15,504,448 | 1,255,447 | 29.5 | 37% |
| 2019 | 16,982,814 | 16,785,556 | 197,258 | 27.4 | 34% |
| 2020 | 15,826,297 | 15,646,415 | 179,882 | 29.5 | 34% |
| 2021 | 16,723,647 | 16,288,762 | 434,885 | 28.7 | 33% |
| 2022 | 19,179,268 | 16,995,310 | 2,183,958 | 29.0 | 33% |
| 2023 | 18,965,180 | 18,106,523 | 858,657 | 27.8 | 32% |
| 2024 | 20,513,433 | 19,046,333 | 1,467,100 | 27.4 | 31% |
In its most recent public year (2024), this organization brought in $1,467,100 more than it spent. Its reserves stood at about 27.4 months of spending, down from 29.3 in 2011. Staff pay was 31% of spending. $2,394,850 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
Patrick Henry College's IRS filings as a feed — one entry per filing year, through 2024. 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