Voorhees University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 17,571,607 | 18,260,762 | −689,155 | 7.3 | 36% |
| 2013 | 18,529,844 | 18,539,124 | −9,280 | 7.2 | 36% |
| 2014 | 16,174,815 | 18,185,437 | −2,010,622 | 6.1 | 0% |
| 2015 | 13,602,982 | 14,287,481 | −684,499 | 7.1 | 35% |
| 2016 | 13,566,923 | 14,134,860 | −567,937 | 6.7 | 33% |
| 2017 | 14,768,020 | 13,503,776 | 1,264,244 | 7.9 | 35% |
| 2018 | 15,526,653 | 14,613,425 | 913,228 | 8.0 | 36% |
| 2019 | 16,155,087 | 15,598,024 | 557,063 | 8.1 | 34% |
| 2021 | 40,025,778 | 17,325,328 | 22,700,450 | 24.0 | 0% |
| 2022 | 26,684,069 | 28,337,725 | −1,653,656 | 14.0 | 0% |
| 2023 | 36,207,285 | 34,983,307 | 1,223,978 | 11.7 | 0% |
In its most recent public year (2023), this organization brought in $1,223,978 more than it spent. Its reserves stood at about 11.7 months of spending, up from 7.3 in 2012. Staff pay was 0% of spending. $6,692,127 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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