Embry-Riddle Aeronautical
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 359,430,000 | 313,239,000 | 46,191,000 | 10.1 | 40% |
| 2012 | 363,231,000 | 338,908,000 | 24,323,000 | 10.2 | 40% |
| 2013 | 384,624,000 | 357,882,000 | 26,742,000 | 10.5 | 40% |
| 2014 | 396,634,000 | 374,154,000 | 22,480,000 | 11.2 | 40% |
| 2015 | 411,218,000 | 395,044,000 | 16,174,000 | 11.1 | 40% |
| 2016 | 439,985,155 | 411,424,138 | 28,561,017 | 11.5 | 38% |
| 2018 | 512,764,356 | 456,807,109 | 55,957,247 | 13.6 | 38% |
| 2019 | 536,554,951 | 467,556,780 | 68,998,171 | 15.1 | 39% |
| 2020 | 561,742,106 | 498,574,030 | 63,168,076 | 15.7 | 38% |
| 2021 | 616,318,485 | 518,217,008 | 98,101,477 | 18.5 | 38% |
| 2022 | 704,944,658 | 573,049,513 | 131,895,145 | 18.5 | 36% |
| 2023 | 702,956,238 | 601,659,234 | 101,297,004 | 19.9 | 36% |
In its most recent public year (2023), this organization brought in $101,297,004 more than it spent. Its reserves stood at about 19.9 months of spending, up from 10.1 in 2011. Staff pay was 36% of spending. $128,810,666 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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