Western Educational Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,831,938 | 3,818,961 | 12,977 | 0.0 | 48% |
| 2018 | 41,577,883 | 40,874,228 | 703,655 | 0.2 | 54% |
| 2019 | 58,179,886 | 57,700,161 | 479,725 | 0.2 | 53% |
| 2020 | 65,815,539 | 64,273,619 | 1,541,920 | 0.5 | 44% |
| 2021 | 68,372,761 | 63,676,620 | 4,696,141 | 1.4 | 49% |
| 2022 | 81,065,935 | 78,293,956 | 2,771,979 | 1.6 | 49% |
| 2023 | 93,551,914 | 90,722,857 | 2,829,057 | 1.7 | 46% |
In its most recent public year (2023), this organization brought in $2,829,057 more than it spent. Its reserves stood at about 1.7 months of spending, up from 0 in 2017. Staff pay was 46% of spending. $5,536,984 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
Western Educational Corporation'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