Spelman College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 103,192,905 | 102,412,274 | 780,631 | 46.5 | 34% |
| 2012 | 118,606,685 | 102,086,586 | 16,520,099 | 45.9 | 36% |
| 2013 | 123,964,406 | 103,414,782 | 20,549,624 | 47.9 | 36% |
| 2014 | 127,021,562 | 102,546,611 | 24,474,951 | 54.3 | 36% |
| 2015 | 137,519,279 | 111,492,523 | 26,026,756 | 49.4 | 34% |
| 2016 | 117,077,988 | 113,446,305 | 3,631,683 | 47.3 | 35% |
| 2017 | 119,004,095 | 113,859,315 | 5,144,780 | 49.5 | 35% |
| 2018 | 168,157,416 | 119,244,779 | 48,912,637 | 53.0 | 34% |
| 2019 | 136,754,272 | 118,980,032 | 17,774,240 | 54.5 | 36% |
| 2020 | 194,986,172 | 123,089,218 | 71,896,954 | 57.5 | 37% |
| 2021 | 182,970,731 | 117,097,563 | 65,873,168 | 79.7 | 36% |
| 2022 | 204,393,744 | 145,583,655 | 58,810,089 | 61.8 | 33% |
| 2023 | 194,372,216 | 160,810,189 | 33,562,027 | 59.6 | 30% |
In its most recent public year (2023), this organization brought in $33,562,027 more than it spent. Its reserves stood at about 59.6 months of spending, up from 46.5 in 2011. Staff pay was 30% of spending. $585,042,246 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
Spelman 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