Benedict College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 83,173,389 | 76,001,093 | 7,172,296 | 5.2 | 32% |
| 2012 | 86,116,947 | 83,303,092 | 2,813,855 | 5.1 | 31% |
| 2013 | 81,240,006 | 81,568,982 | −328,976 | 5.2 | 29% |
| 2014 | 72,352,284 | 75,653,360 | −3,301,076 | 5.2 | 30% |
| 2015 | 70,652,879 | 70,741,492 | −88,613 | 5.5 | 29% |
| 2016 | 71,892,028 | 71,096,922 | 795,106 | 5.6 | 29% |
| 2017 | 69,428,704 | 71,176,875 | −1,748,171 | 5.3 | 31% |
| 2018 | 65,561,566 | 65,216,817 | 344,749 | 6.0 | 32% |
| 2019 | 60,502,776 | 58,805,791 | 1,696,985 | 7.0 | 30% |
| 2020 | 61,010,211 | 60,352,428 | 657,783 | 6.8 | 29% |
| 2021 | 103,963,423 | 54,459,932 | 49,503,491 | 19.1 | 26% |
| 2022 | 72,326,986 | 68,030,606 | 4,296,380 | 17.4 | 24% |
| 2023 | 69,692,337 | 65,404,239 | 4,288,098 | 19.1 | 25% |
In its most recent public year (2023), this organization brought in $4,288,098 more than it spent. Its reserves stood at about 19.1 months of spending, up from 5.2 in 2011. Staff pay was 25% of spending. $24,536,880 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
Benedict 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