Tougaloo College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,848,755 | 27,753,798 | 3,094,957 | 20.0 | 0% |
| 2012 | 28,176,515 | 27,534,488 | 642,027 | 20.6 | 3% |
| 2013 | 27,225,271 | 26,842,814 | 382,457 | 21.7 | 3% |
| 2014 | 28,595,156 | 25,664,060 | 2,931,096 | 24.3 | 3% |
| 2015 | 28,720,930 | 27,580,581 | 1,140,349 | 23.1 | 3% |
| 2016 | 29,741,962 | 28,280,940 | 1,461,022 | 22.9 | 3% |
| 2017 | 26,635,280 | 26,194,742 | 440,538 | 25.3 | 3% |
| 2018 | 28,780,868 | 27,533,145 | 1,247,723 | 36.2 | 3% |
| 2019 | 29,718,286 | 28,248,384 | 1,469,902 | 36.0 | 2% |
| 2020 | 29,921,316 | 25,971,569 | 3,949,747 | 40.8 | 2% |
| 2021 | 43,270,730 | 29,457,075 | 13,813,655 | 42.5 | 2% |
| 2022 | 43,333,413 | 30,892,727 | 12,440,686 | 44.7 | 3% |
| 2023 | 30,225,333 | 34,201,865 | −3,976,532 | 39.3 | 4% |
In its most recent public year (2023), this organization spent $3,976,532 more than it brought in. Its reserves stood at about 39.3 months of spending, up from 20 in 2011. Staff pay was 4% of spending. $36,314,546 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
Tougaloo College'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