Fairfield University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 227,904,246 | 224,410,736 | 3,493,510 | 18.7 | 32% |
| 2012 | 242,753,583 | 235,652,594 | 7,100,989 | 17.8 | 30% |
| 2013 | 265,977,111 | 237,487,394 | 28,489,717 | 19.7 | 30% |
| 2014 | 282,265,235 | 249,412,416 | 32,852,819 | 21.5 | 31% |
| 2015 | 290,387,552 | 258,830,469 | 31,557,083 | 21.7 | 30% |
| 2016 | 296,191,157 | 267,185,278 | 29,005,879 | 21.7 | 30% |
| 2017 | 342,077,016 | 276,397,506 | 65,679,510 | 25.1 | 30% |
| 2018 | 304,017,992 | 303,186,987 | 831,005 | 23.3 | 29% |
| 2019 | 378,413,525 | 310,876,943 | 67,536,582 | 23.7 | 30% |
| 2020 | 361,744,489 | 316,245,749 | 45,498,740 | 23.5 | 30% |
| 2021 | 341,786,596 | 329,252,732 | 12,533,864 | 26.8 | 31% |
| 2022 | 415,893,981 | 354,416,581 | 61,477,400 | 24.5 | 30% |
| 2023 | 424,528,036 | 384,746,576 | 39,781,460 | 24.3 | 31% |
In its most recent public year (2023), this organization brought in $39,781,460 more than it spent. Its reserves stood at about 24.3 months of spending, up from 18.7 in 2011. Staff pay was 31% of spending. $329,762,652 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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