Belmont Abbey College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 39,228,453 | 38,731,942 | 496,511 | 3.1 | 28% |
| 2013 | 42,066,685 | 40,744,781 | 1,321,904 | 3.5 | 30% |
| 2014 | 33,996,062 | 31,993,109 | 2,002,953 | 5.1 | 36% |
| 2015 | 32,374,436 | 31,896,169 | 478,267 | 6.0 | 33% |
| 2016 | 33,710,503 | 33,134,560 | 575,943 | 5.7 | 34% |
| 2017 | 34,611,363 | 34,889,739 | −278,376 | 5.5 | 33% |
| 2018 | 38,792,152 | 36,852,583 | 1,939,569 | 5.9 | 33% |
| 2019 | 39,505,964 | 39,178,184 | 327,780 | 5.5 | 32% |
| 2020 | 41,308,226 | 40,114,286 | 1,193,940 | 5.6 | 33% |
| 2021 | 47,130,303 | 45,390,350 | 1,739,953 | 5.7 | 32% |
| 2022 | 47,661,973 | 50,273,375 | −2,611,402 | 4.1 | 31% |
| 2023 | 59,979,946 | 54,875,951 | 5,103,995 | 5.0 | 32% |
In its most recent public year (2023), this organization brought in $5,103,995 more than it spent. Its reserves stood at about 5 months of spending. Staff pay was 32% of spending. $24,368,971 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
Belmont Abbey 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