Montreat College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,075,861 | 21,497,429 | 1,578,432 | 8.8 | 35% |
| 2012 | 21,060,087 | 21,397,497 | −337,410 | 9.4 | 31% |
| 2013 | 18,872,597 | 21,485,088 | −2,612,491 | 7.9 | 28% |
| 2014 | 21,411,095 | 21,368,773 | 42,322 | 8.3 | 29% |
| 2015 | 24,520,267 | 23,002,253 | 1,518,014 | 8.3 | 30% |
| 2016 | 24,489,825 | 23,977,746 | 512,079 | 8.0 | 31% |
| 2017 | 25,614,896 | 24,685,779 | 929,117 | 8.3 | 30% |
| 2018 | 26,025,705 | 25,177,177 | 848,528 | 8.0 | 25% |
| 2019 | 26,871,797 | 27,047,774 | −175,977 | 7.7 | 25% |
| 2020 | 27,425,587 | 27,982,597 | −557,010 | 7.2 | 24% |
| 2021 | 39,329,808 | 32,731,974 | 6,597,834 | 8.7 | 22% |
| 2022 | 59,160,491 | 40,102,921 | 19,057,570 | 12.8 | 25% |
| 2023 | 54,006,517 | 41,975,471 | 12,031,046 | 15.7 | 27% |
In its most recent public year (2023), this organization brought in $12,031,046 more than it spent. Its reserves stood at about 15.7 months of spending, up from 8.8 in 2011. Staff pay was 27% of spending. $42,419,908 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
Montreat 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