Presbyterian College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,231,196 | 64,052,878 | −821,682 | 22.0 | 28% |
| 2012 | 60,257,866 | 63,377,195 | −3,119,329 | 21.7 | 25% |
| 2013 | 65,674,121 | 64,732,032 | 942,089 | 22.8 | 25% |
| 2014 | 83,012,323 | 65,889,750 | 17,122,573 | 23.3 | 26% |
| 2015 | 77,101,716 | 68,934,470 | 8,167,246 | 23.3 | 26% |
| 2016 | 64,613,114 | 65,103,088 | −489,974 | 23.6 | 27% |
| 2017 | 70,163,203 | 67,360,903 | 2,802,300 | 25.0 | 27% |
| 2018 | 73,277,336 | 69,142,053 | 4,135,283 | 24.9 | 27% |
| 2019 | 68,947,315 | 76,162,101 | −7,214,786 | 21.6 | 27% |
| 2020 | 69,186,171 | 69,596,937 | −410,766 | 23.6 | 30% |
| 2021 | 82,344,801 | 69,161,981 | 13,182,820 | 29.1 | 30% |
| 2022 | 88,923,776 | 75,068,910 | 13,854,866 | 25.5 | 27% |
| 2023 | 67,335,105 | 76,719,009 | −9,383,904 | 24.7 | 26% |
In its most recent public year (2023), this organization spent $9,383,904 more than it brought in. Its reserves stood at about 24.7 months of spending, up from 22 in 2011. Staff pay was 26% of spending. $118,206,306 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
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