The Citadel Alumni Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,199,365 | 1,348,353 | −148,988 | 42.2 | 12% |
| 2012 | 1,016,488 | 1,156,287 | −139,799 | 48.3 | 11% |
| 2013 | 1,055,879 | 1,180,251 | −124,372 | 48.0 | 18% |
| 2014 | 1,493,095 | 1,745,102 | −252,007 | 29.8 | 14% |
| 2015 | 1,668,573 | 1,439,244 | 229,329 | 35.9 | 19% |
| 2016 | 1,486,585 | 1,082,921 | 403,664 | 55.0 | 26% |
| 2017 | 1,613,069 | 1,125,183 | 487,886 | 61.2 | 28% |
| 2018 | 1,619,885 | 1,177,329 | 442,556 | 58.4 | 26% |
| 2019 | 1,897,133 | 1,216,539 | 680,594 | 67.2 | 21% |
| 2020 | 1,838,482 | 1,385,509 | 452,973 | 65.3 | 19% |
| 2021 | 2,040,375 | 1,550,719 | 489,656 | 67.7 | 16% |
| 2022 | 1,640,037 | 1,874,600 | −234,563 | 49.0 | 13% |
In its most recent public year (2022), this organization spent $234,563 more than it brought in. Its reserves stood at about 49 months of spending, up from 42.2 in 2011. Staff pay was 13% of spending.
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 2022. 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
The Citadel Alumni Association's IRS filings as a feed — one entry per filing year, through 2022. 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