Guilford College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,089,229 | 57,625,543 | 2,463,686 | 22.4 | 34% |
| 2012 | 64,092,700 | 58,244,085 | 5,848,615 | 22.9 | 35% |
| 2013 | 54,743,537 | 52,010,287 | 2,733,250 | 27.7 | 36% |
| 2014 | 52,007,721 | 51,850,796 | 156,925 | 29.6 | 38% |
| 2015 | 49,834,078 | 50,059,885 | −225,807 | 29.7 | 38% |
| 2016 | 45,951,575 | 45,392,831 | 558,744 | 31.7 | 38% |
| 2017 | 46,999,601 | 44,547,751 | 2,451,850 | 34.9 | 35% |
| 2018 | 50,808,771 | 44,866,445 | 5,942,326 | 35.9 | 39% |
| 2019 | 47,759,682 | 49,381,971 | −1,622,289 | 31.0 | 34% |
| 2020 | 47,406,848 | 52,999,324 | −5,592,476 | 26.9 | 34% |
| 2021 | 58,688,968 | 46,186,594 | 12,502,374 | 37.4 | 33% |
| 2022 | 54,557,208 | 48,352,041 | 6,205,167 | 34.0 | 29% |
| 2023 | 61,948,875 | 73,147,453 | −11,198,578 | 20.1 | 23% |
In its most recent public year (2023), this organization spent $11,198,578 more than it brought in. Its reserves stood at about 20.1 months of spending, down from 22.4 in 2011. Staff pay was 23% of spending. $81,112,092 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
Guilford College'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