Gardner-Webb University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 74,651,462 | 69,484,086 | 5,167,376 | 16.9 | 38% |
| 2013 | 77,595,132 | 75,141,054 | 2,454,078 | 16.6 | 38% |
| 2014 | 83,551,697 | 77,463,842 | 6,087,855 | 17.5 | 38% |
| 2015 | 83,777,931 | 80,895,462 | 2,882,469 | 17.0 | 37% |
| 2016 | 88,353,491 | 85,603,782 | 2,749,709 | 16.2 | 35% |
| 2017 | 93,783,243 | 94,291,764 | −508,521 | 15.0 | 33% |
| 2018 | 89,470,793 | 90,317,230 | −846,437 | 15.8 | 32% |
| 2019 | 93,664,938 | 92,406,249 | 1,258,689 | 15.8 | 31% |
| 2020 | 91,458,586 | 94,505,307 | −3,046,721 | 14.7 | 1% |
| 2021 | 100,956,877 | 95,283,903 | 5,672,974 | 16.6 | 29% |
| 2022 | 103,135,532 | 98,819,790 | 4,315,742 | 14.9 | 29% |
| 2023 | 97,349,269 | 99,286,236 | −1,936,967 | 15.2 | 28% |
In its most recent public year (2023), this organization spent $1,936,967 more than it brought in. Its reserves stood at about 15.2 months of spending, down from 16.9 in 2012. Staff pay was 28% of spending. $70,769,619 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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