Reformed Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,316,270 | 18,007,885 | −1,691,615 | 50.7 | 44% |
| 2012 | 18,460,511 | 18,602,933 | −142,422 | 47.1 | 43% |
| 2013 | 17,806,093 | 19,355,077 | −1,548,984 | 46.2 | 43% |
| 2014 | 20,128,066 | 19,206,771 | 921,295 | 47.3 | 43% |
| 2015 | 19,107,917 | 19,019,176 | 88,741 | 51.5 | 42% |
| 2016 | 32,726,649 | 19,578,041 | 13,148,608 | 55.7 | 42% |
| 2017 | 21,629,409 | 20,064,959 | 1,564,450 | 58.3 | 43% |
| 2018 | 28,122,489 | 21,303,957 | 6,818,532 | 58.6 | 42% |
| 2019 | 22,669,438 | 22,680,564 | −11,126 | 52.6 | 40% |
| 2020 | 26,762,042 | 23,061,777 | 3,700,265 | 51.7 | 43% |
| 2021 | 28,809,695 | 23,782,374 | 5,027,321 | 61.8 | 40% |
| 2022 | 29,054,898 | 26,360,001 | 2,694,897 | 54.9 | 38% |
| 2023 | 31,197,255 | 29,471,208 | 1,726,047 | 47.8 | 39% |
In its most recent public year (2023), this organization brought in $1,726,047 more than it spent. Its reserves stood at about 47.8 months of spending, down from 50.7 in 2011. Staff pay was 39% of spending. $55,043,028 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
Reformed Theological Seminary'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