Yale University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,488,705,694 | 2,966,657,595 | 522,048,099 | 83.3 | 42% |
| 2012 | 3,627,023,737 | 3,110,478,699 | 516,545,038 | 77.4 | 42% |
| 2013 | 3,688,471,185 | 3,318,422,271 | 370,048,914 | 79.3 | 42% |
| 2014 | 4,477,633,568 | 3,423,617,239 | 1,054,016,329 | 88.0 | 42% |
| 2015 | 5,461,672,525 | 3,513,798,862 | 1,947,873,663 | 91.1 | 43% |
| 2016 | 4,807,997,730 | 3,681,608,494 | 1,126,389,236 | 84.1 | 43% |
| 2017 | 4,678,330,813 | 3,903,898,620 | 774,432,193 | 87.0 | 43% |
| 2018 | 5,089,937,007 | 4,121,360,611 | 968,576,396 | 90.0 | 42% |
| 2019 | 5,551,534,852 | 4,314,687,059 | 1,236,847,793 | 86.0 | 42% |
| 2020 | 5,595,177,145 | 4,581,336,832 | 1,013,840,313 | 81.2 | 42% |
| 2021 | 7,616,500,018 | 4,656,059,084 | 2,960,440,934 | 111.9 | 42% |
| 2022 | 7,410,414,729 | 5,113,408,089 | 2,297,006,640 | 102.9 | 41% |
| 2023 | 6,315,023,788 | 5,612,701,248 | 702,322,540 | 93.9 | 41% |
In its most recent public year (2023), this organization brought in $702,322,540 more than it spent. Its reserves stood at about 93.9 months of spending, up from 83.3 in 2011. Staff pay was 41% of spending. $35,140,777,994 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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