Irbs Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 461,278 | 536,072 | −74,794 | 7.6 | 62% |
| 2021 | 423,384 | 389,973 | 33,411 | 13.5 | 53% |
| 2022 | 539,947 | 377,909 | 162,038 | 16.8 | 54% |
| 2023 | 539,902 | 420,191 | 119,711 | 19.1 | 60% |
In its most recent public year (2023), this organization brought in $119,711 more than it spent. Its reserves stood at about 19.1 months of spending, up from 7.6 in 2020. Staff pay was 60% of spending.
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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