Edward Waters University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,944,971 | 25,128,720 | 3,816,251 | 14.3 | 6% |
| 2021 | 38,983,109 | 29,108,705 | 9,874,404 | 16.5 | 5% |
| 2022 | 45,994,382 | 42,755,804 | 3,238,578 | 12.0 | 3% |
| 2023 | 36,775,998 | 35,410,151 | 1,365,847 | 15.1 | 4% |
In its most recent public year (2023), this organization brought in $1,365,847 more than it spent. Its reserves stood at about 15.1 months of spending. Staff pay was 4% of spending. $3,485,644 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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