Quinnipiac University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 349,387,983 | 281,350,470 | 68,037,513 | 25.6 | 30% |
| 2012 | 344,886,971 | 313,977,506 | 30,909,465 | 23.5 | 31% |
| 2013 | 376,522,378 | 330,541,859 | 45,980,519 | 24.2 | 33% |
| 2014 | 409,134,661 | 375,261,421 | 33,873,240 | 23.5 | 32% |
| 2015 | 416,338,900 | 386,680,494 | 29,658,406 | 23.3 | 30% |
| 2016 | 444,719,813 | 398,254,220 | 46,465,593 | 22.3 | 31% |
| 2017 | 474,412,614 | 429,463,818 | 44,948,796 | 23.8 | 28% |
| 2018 | 576,155,570 | 463,180,003 | 112,975,567 | 24.0 | 28% |
| 2019 | 525,577,539 | 473,353,199 | 52,224,340 | 24.6 | 29% |
| 2020 | 499,698,237 | 468,561,968 | 31,136,269 | 27.3 | 32% |
| 2021 | 531,949,834 | 486,620,067 | 45,329,767 | 32.3 | 28% |
| 2022 | 533,471,085 | 491,789,250 | 41,681,835 | 30.2 | 28% |
| 2023 | 541,824,099 | 500,797,570 | 41,026,529 | 32.4 | 28% |
In its most recent public year (2023), this organization brought in $41,026,529 more than it spent. Its reserves stood at about 32.4 months of spending, up from 25.6 in 2011. Staff pay was 28% of spending. $120,294,235 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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