Spalding University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,338,789 | 28,782,661 | 4,556,128 | 11.3 | 47% |
| 2012 | 37,358,342 | 34,487,185 | 2,871,157 | 10.4 | 41% |
| 2013 | 43,285,168 | 36,004,270 | 7,280,898 | 12.8 | 42% |
| 2014 | 38,372,433 | 36,485,112 | 1,887,321 | 13.7 | 43% |
| 2015 | 40,800,304 | 35,870,603 | 4,929,701 | 15.6 | 44% |
| 2016 | 42,377,385 | 37,568,094 | 4,809,291 | 16.4 | 43% |
| 2017 | 42,344,582 | 38,337,868 | 4,006,714 | 17.9 | 43% |
| 2018 | 44,791,533 | 40,980,719 | 3,810,814 | 18.2 | 44% |
| 2019 | 43,446,972 | 40,686,089 | 2,760,883 | 19.1 | 46% |
| 2020 | 38,440,740 | 38,738,803 | −298,063 | 20.1 | 45% |
| 2021 | 39,864,108 | 37,413,352 | 2,450,756 | 23.0 | 44% |
| 2022 | 44,315,139 | 42,181,404 | 2,133,735 | 19.9 | 42% |
| 2023 | 43,373,851 | 42,586,174 | 787,677 | 20.3 | 43% |
In its most recent public year (2023), this organization brought in $787,677 more than it spent. Its reserves stood at about 20.3 months of spending, up from 11.3 in 2011. Staff pay was 43% of spending. $33,503,870 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
Spalding University's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works