Spartanburg Methodist College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,429,490 | 16,124,766 | 2,304,724 | 24.6 | 33% |
| 2012 | 17,080,208 | 16,956,079 | 124,129 | 23.1 | 33% |
| 2013 | 18,956,796 | 17,711,519 | 1,245,277 | 24.4 | 33% |
| 2014 | 18,499,332 | 18,720,329 | −220,997 | 24.9 | 32% |
| 2015 | 17,878,187 | 17,767,267 | 110,920 | 26.5 | 32% |
| 2016 | 19,074,197 | 18,686,913 | 387,284 | 24.8 | 31% |
| 2017 | 18,185,679 | 18,659,384 | −473,705 | 25.8 | 31% |
| 2018 | 19,990,813 | 19,702,269 | 288,544 | 25.6 | 29% |
| 2019 | 21,262,542 | 21,439,810 | −177,268 | 23.7 | 30% |
| 2020 | 23,099,877 | 23,261,367 | −161,490 | 22.0 | 33% |
| 2021 | 28,150,262 | 26,704,555 | 1,445,707 | 22.8 | 36% |
| 2022 | 26,371,934 | 28,481,803 | −2,109,869 | 19.2 | 37% |
| 2023 | 26,405,067 | 26,872,115 | −467,048 | 21.0 | 38% |
| 2024 | 25,460,597 | 27,646,101 | −2,185,504 | 21.0 | 38% |
In its most recent public year (2024), this organization spent $2,185,504 more than it brought in. Its reserves stood at about 21 months of spending, down from 24.6 in 2011. Staff pay was 38% of spending. $24,542,524 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 2024. 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
Spartanburg Methodist College's IRS filings as a feed — one entry per filing year, through 2024. 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