Texas Chiropractic College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,427,167 | 9,317,896 | 109,271 | 18.2 | 44% |
| 2021 | 10,273,582 | 9,172,717 | 1,100,865 | 20.8 | 43% |
| 2022 | 9,860,440 | 9,555,224 | 305,216 | 19.2 | 45% |
| 2023 | 11,518,235 | 10,815,595 | 702,640 | 17.9 | 42% |
In its most recent public year (2023), this organization brought in $702,640 more than it spent. Its reserves stood at about 17.9 months of spending. Staff pay was 42% of spending. $565,331 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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