Bennett College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,012,965 | 21,700,159 | 312,806 | 12.6 | 3% |
| 2012 | 21,622,700 | 23,047,462 | −1,424,762 | 11.1 | 4% |
| 2013 | 20,806,597 | 22,459,349 | −1,652,752 | 9.8 | 4% |
| 2014 | 18,777,832 | 20,743,946 | −1,966,114 | 10.4 | 4% |
| 2015 | 18,592,423 | 19,840,649 | −1,248,226 | 10.0 | 4% |
| 2016 | 18,425,504 | 19,542,006 | −1,116,502 | 8.9 | 4% |
| 2017 | 16,601,565 | 17,579,266 | −977,701 | 9.7 | 6% |
| 2018 | 18,360,983 | 18,578,973 | −217,990 | 9.2 | 4% |
| 2019 | 26,806,803 | 21,747,839 | 5,058,964 | 10.7 | 4% |
| 2020 | 15,339,187 | 18,821,637 | −3,482,450 | 10.1 | 5% |
| 2021 | 40,377,386 | 15,751,196 | 24,626,190 | 26.6 | 34% |
| 2022 | 19,731,439 | 16,688,976 | 3,042,463 | 25.6 | 35% |
| 2023 | 16,836,615 | 16,186,107 | 650,508 | 26.5 | 35% |
In its most recent public year (2023), this organization brought in $650,508 more than it spent. Its reserves stood at about 26.5 months of spending, up from 12.6 in 2011. Staff pay was 35% of spending. $17,328,287 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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