Erskine College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,045,423 | 28,674,268 | −628,845 | 25.1 | 28% |
| 2012 | 26,010,845 | 28,822,586 | −2,811,741 | 22.4 | 27% |
| 2013 | 27,444,983 | 29,003,644 | −1,558,661 | 22.0 | 27% |
| 2014 | 28,200,321 | 31,633,486 | −3,433,165 | 20.1 | 24% |
| 2015 | 29,976,698 | 30,926,765 | −950,067 | 19.7 | 23% |
| 2016 | 30,244,052 | 31,467,715 | −1,223,663 | 18.3 | 21% |
| 2017 | 34,440,973 | 32,867,572 | 1,573,401 | 19.2 | 21% |
| 2018 | 32,200,268 | 32,773,308 | −573,040 | 19.4 | 21% |
| 2019 | 28,269,833 | 34,715,415 | −6,445,582 | 18.5 | 21% |
| 2020 | 41,912,193 | 42,342,889 | −430,696 | 14.8 | 19% |
| 2021 | 43,903,518 | 44,944,710 | −1,041,192 | 15.6 | 19% |
| 2022 | 46,210,670 | 45,170,851 | 1,039,819 | 13.4 | 18% |
| 2023 | 43,220,598 | 46,303,008 | −3,082,410 | 12.8 | 18% |
In its most recent public year (2023), this organization spent $3,082,410 more than it brought in. Its reserves stood at about 12.8 months of spending, down from 25.1 in 2011. Staff pay was 18% of spending. $42,952,143 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
Erskine 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