Elon University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 199,704,543 | 184,133,790 | 15,570,753 | 20.9 | 40% |
| 2012 | 214,436,496 | 206,309,731 | 8,126,765 | 18.9 | 38% |
| 2013 | 238,581,556 | 211,126,005 | 27,455,551 | 21.1 | 39% |
| 2014 | 252,092,599 | 225,973,728 | 26,118,871 | 22.4 | 39% |
| 2015 | 282,311,533 | 247,476,836 | 34,834,697 | 23.1 | 38% |
| 2016 | 287,489,713 | 258,843,254 | 28,646,459 | 23.1 | 38% |
| 2017 | 309,489,611 | 268,985,530 | 40,504,081 | 25.2 | 38% |
| 2018 | 311,393,468 | 286,156,692 | 25,236,776 | 25.6 | 37% |
| 2019 | 333,468,210 | 310,790,295 | 22,677,915 | 24.8 | 36% |
| 2020 | 328,453,491 | 314,796,690 | 13,656,801 | 24.6 | 37% |
| 2021 | 352,222,203 | 303,110,997 | 49,111,206 | 30.5 | 38% |
| 2022 | 374,224,853 | 328,173,984 | 46,050,869 | 29.4 | 36% |
| 2023 | 389,061,937 | 364,591,003 | 24,470,934 | 27.5 | 35% |
In its most recent public year (2023), this organization brought in $24,470,934 more than it spent. Its reserves stood at about 27.5 months of spending, up from 20.9 in 2011. Staff pay was 35% of spending. $223,267,106 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
Elon University'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