Carroll College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 53,102,129 | 46,275,540 | 6,826,589 | 12.6 | 29% |
| 2013 | 55,235,397 | 50,136,523 | 5,098,874 | 13.8 | 28% |
| 2014 | 57,547,176 | 51,849,601 | 5,697,575 | 15.9 | 29% |
| 2015 | 68,860,560 | 55,982,541 | 12,878,019 | 17.0 | 28% |
| 2016 | 61,521,151 | 58,455,263 | 3,065,888 | 16.1 | 27% |
| 2017 | 71,154,503 | 59,837,235 | 11,317,268 | 18.9 | 27% |
| 2018 | 64,353,083 | 60,188,842 | 4,164,241 | 20.0 | 27% |
| 2019 | 61,222,792 | 59,993,385 | 1,229,407 | 20.4 | 26% |
| 2020 | 64,086,619 | 59,040,779 | 5,045,840 | 21.0 | 25% |
| 2021 | 63,598,809 | 58,054,766 | 5,544,043 | 25.3 | 25% |
| 2022 | 65,024,048 | 62,060,628 | 2,963,420 | 22.8 | 24% |
| 2023 | 66,514,020 | 64,931,468 | 1,582,552 | 22.8 | 24% |
| 2024 | 75,695,875 | 70,614,677 | 5,081,198 | 23.2 | 23% |
In its most recent public year (2024), this organization brought in $5,081,198 more than it spent. Its reserves stood at about 23.2 months of spending, up from 12.6 in 2012. Staff pay was 23% of spending. $70,640,658 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 2024. 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
Carroll College's IRS filings as a feed — one entry per filing year, through 2024. 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