Mississippi College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 108,288,963 | 109,898,557 | −1,609,594 | 21.3 | 32% |
| 2021 | 113,425,007 | 112,706,128 | 718,879 | 23.6 | 30% |
| 2022 | 112,666,102 | 112,401,865 | 264,237 | 23.4 | 30% |
| 2023 | 102,878,874 | 112,231,844 | −9,352,970 | 23.0 | 30% |
In its most recent public year (2023), this organization spent $9,352,970 more than it brought in. Its reserves stood at about 23 months of spending, up from 21.3 in 2020. Staff pay was 30% of spending. $120,379,377 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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