Louisburg College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,434,594 | 15,322,769 | 1,111,825 | 13.8 | 30% |
| 2012 | 17,845,922 | 16,330,767 | 1,515,155 | 13.1 | 30% |
| 2013 | 18,486,560 | 17,521,008 | 965,552 | 13.6 | 30% |
| 2014 | 20,381,469 | 19,254,754 | 1,126,715 | 13.4 | 28% |
| 2015 | 20,534,662 | 20,859,722 | −325,060 | 12.2 | 28% |
| 2016 | 21,202,061 | 21,285,501 | −83,440 | 11.3 | 28% |
| 2017 | 21,222,136 | 22,027,932 | −805,796 | 10.8 | 27% |
| 2018 | 24,049,550 | 19,833,519 | 4,216,031 | 14.5 | 28% |
| 2019 | 19,907,534 | 18,723,061 | 1,184,473 | 15.7 | 24% |
| 2020 | 17,805,916 | 17,346,886 | 459,030 | 17.1 | 29% |
| 2021 | 19,182,991 | 16,707,899 | 2,475,092 | 19.9 | 17% |
| 2022 | 23,005,525 | 20,893,670 | 2,111,855 | 15.8 | 16% |
| 2023 | 14,808,582 | 16,503,537 | −1,694,955 | 18.4 | 19% |
In its most recent public year (2023), this organization spent $1,694,955 more than it brought in. Its reserves stood at about 18.4 months of spending, up from 13.8 in 2011. Staff pay was 19% of spending. $14,854,616 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
Louisburg 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