Virginia State University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,782,246 | 1,263,995 | 518,251 | 107.5 | 2% |
| 2013 | 2,333,006 | 1,005,309 | 1,327,697 | 152.5 | 2% |
| 2014 | 2,128,313 | 1,158,497 | 969,816 | 155.7 | 2% |
| 2015 | 2,327,929 | 2,007,982 | 319,947 | 90.0 | 1% |
| 2016 | 2,314,022 | 1,111,803 | 1,202,219 | 168.8 | 3% |
| 2017 | 3,580,205 | 2,603,762 | 976,443 | 76.5 | 1% |
| 2018 | 3,809,704 | 1,722,714 | 2,086,990 | 129.5 | 2% |
| 2019 | 2,300,501 | 1,891,520 | 408,981 | 122.9 | 2% |
| 2020 | 1,444,442 | 1,514,693 | −70,251 | 156.1 | 2% |
| 2021 | 5,931,802 | 1,458,999 | 4,472,803 | 216.9 | 5% |
| 2022 | 4,393,072 | 1,889,084 | 2,503,988 | 156.8 | 8% |
| 2023 | 5,186,926 | 2,734,753 | 2,452,173 | 130.8 | 9% |
In its most recent public year (2023), this organization brought in $2,452,173 more than it spent. Its reserves stood at about 130.8 months of spending, up from 107.5 in 2012. Staff pay was 9% of spending. $29,076,935 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
Virginia State University Foundation'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