Harding University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 139,603,563 | 126,217,352 | 13,386,211 | 22.7 | 34% |
| 2012 | 138,673,752 | 133,987,992 | 4,685,760 | 21.8 | 34% |
| 2013 | 149,716,437 | 139,353,277 | 10,363,160 | 21.8 | 35% |
| 2014 | 160,742,492 | 145,116,266 | 15,626,226 | 22.3 | 34% |
| 2015 | 156,472,089 | 146,895,332 | 9,576,757 | 22.8 | 36% |
| 2016 | 157,910,490 | 150,042,029 | 7,868,461 | 22.9 | 35% |
| 2017 | 169,097,469 | 152,543,882 | 16,553,587 | 23.8 | 35% |
| 2018 | 176,306,238 | 154,882,106 | 21,424,132 | 25.1 | 36% |
| 2019 | 135,462,423 | 123,632,160 | 11,830,263 | 32.6 | 45% |
| 2020 | 129,416,056 | 117,467,663 | 11,948,393 | 35.6 | 47% |
| 2021 | 174,161,667 | 112,152,359 | 62,009,308 | 43.9 | 45% |
| 2022 | 128,532,309 | 123,107,984 | 5,424,325 | 40.5 | 42% |
| 2023 | 114,513,535 | 125,587,337 | −11,073,802 | 38.7 | 41% |
In its most recent public year (2023), this organization spent $11,073,802 more than it brought in. Its reserves stood at about 38.7 months of spending, up from 22.7 in 2011. Staff pay was 41% of spending. $219,707,435 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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