Belhaven University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,628,862 | 39,346,726 | 1,282,136 | 8.7 | 36% |
| 2012 | 48,507,603 | 46,787,477 | 1,720,126 | 7.6 | 34% |
| 2013 | 50,478,589 | 49,495,553 | 983,036 | 7.6 | 35% |
| 2014 | 58,171,776 | 52,858,975 | 5,312,801 | 8.0 | 35% |
| 2015 | 59,663,437 | 57,186,358 | 2,477,079 | 7.8 | 37% |
| 2016 | 64,033,319 | 60,152,669 | 3,880,650 | 8.1 | 37% |
| 2017 | 63,065,065 | 62,611,784 | 453,281 | 8.0 | 37% |
| 2018 | 61,530,998 | 63,582,681 | −2,051,683 | 6.8 | 37% |
| 2019 | 62,043,677 | 64,085,648 | −2,041,971 | 6.3 | 38% |
| 2020 | 62,537,526 | 55,248,678 | 7,288,848 | 8.8 | 39% |
| 2021 | 83,473,318 | 60,748,538 | 22,724,780 | 12.9 | 35% |
| 2022 | 58,167,325 | 59,028,886 | −861,561 | 12.7 | 36% |
| 2023 | 61,988,910 | 61,490,145 | 498,765 | 12.5 | 35% |
In its most recent public year (2023), this organization brought in $498,765 more than it spent. Its reserves stood at about 12.5 months of spending, up from 8.7 in 2011. Staff pay was 35% of spending. $23,361,351 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
Belhaven 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