Bethany College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,920,310 | 34,974,056 | −6,053,746 | 12.1 | 25% |
| 2021 | 39,768,123 | 36,565,770 | 3,202,353 | 14.1 | 22% |
| 2022 | 39,107,176 | 38,791,585 | 315,591 | 16.6 | 20% |
| 2023 | 34,076,206 | 39,994,259 | −5,918,053 | 10.3 | 20% |
In its most recent public year (2023), this organization spent $5,918,053 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 12.1 in 2020. Staff pay was 20% of spending. $54,943,473 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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