Wofford College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 75,296,604 | 79,818,481 | −4,521,877 | 33.3 | 28% |
| 2012 | 88,782,451 | 83,756,033 | 5,026,418 | 30.4 | 27% |
| 2013 | 88,656,323 | 83,483,048 | 5,173,275 | 32.6 | 27% |
| 2014 | 87,720,319 | 86,776,655 | 943,664 | 34.7 | 30% |
| 2015 | 105,376,122 | 92,606,412 | 12,769,710 | 32.0 | 29% |
| 2016 | 176,339,357 | 95,893,946 | 80,445,411 | 39.0 | 27% |
| 2017 | 109,535,119 | 103,947,512 | 5,587,607 | 38.8 | 28% |
| 2018 | 111,598,888 | 110,280,757 | 1,318,131 | 38.5 | 26% |
| 2019 | 134,458,513 | 116,388,113 | 18,070,400 | 39.0 | 25% |
| 2020 | 116,076,279 | 119,960,192 | −3,883,913 | 37.5 | 25% |
| 2021 | 301,668,319 | 124,563,610 | 177,104,709 | 58.7 | 24% |
| 2022 | 131,734,869 | 132,652,020 | −917,151 | 49.7 | 24% |
| 2023 | 138,451,143 | 147,041,472 | −8,590,329 | 47.6 | 23% |
In its most recent public year (2023), this organization spent $8,590,329 more than it brought in. Its reserves stood at about 47.6 months of spending, up from 33.3 in 2011. Staff pay was 23% of spending. $433,199,206 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
Wofford 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