Education Loan Finance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 71,560,990 | 56,460,261 | 15,100,729 | 45.3 | 3% |
| 2012 | 145,460,804 | 79,267,645 | 66,193,159 | 37.6 | 3% |
| 2013 | 118,574,447 | 90,387,877 | 28,186,570 | 36.6 | 3% |
| 2014 | 149,655,849 | 111,761,623 | 37,894,226 | 33.7 | 3% |
| 2015 | 162,510,667 | 132,168,757 | 30,341,910 | 31.2 | 5% |
| 2016 | 137,871,262 | 113,561,795 | 24,309,467 | 38.9 | 4% |
| 2017 | 109,353,854 | 90,187,897 | 19,165,957 | 44.6 | 5% |
| 2018 | 113,365,042 | 91,502,267 | 21,862,775 | 47.3 | 5% |
| 2019 | 117,815,563 | 90,918,439 | 26,897,124 | 51.0 | 5% |
| 2020 | 88,334,723 | 73,118,374 | 15,216,349 | 67.0 | 8% |
| 2021 | 227,234,757 | 79,925,696 | 147,309,061 | 84.6 | 6% |
| 2022 | 139,396,971 | 102,869,647 | 36,527,324 | 71.7 | 4% |
| 2023 | 155,521,982 | 119,011,760 | 36,510,222 | 65.5 | 4% |
In its most recent public year (2023), this organization brought in $36,510,222 more than it spent. Its reserves stood at about 65.5 months of spending, up from 45.3 in 2011. Staff pay was 4% of spending.
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
Education Loan Finance Inc'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