Samuel Merritt University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 58,135,769 | 48,836,857 | 9,298,912 | 26.8 | 52% |
| 2012 | 61,617,966 | 51,664,089 | 9,953,877 | 29.8 | 51% |
| 2013 | 63,855,697 | 54,050,849 | 9,804,848 | 32.9 | 51% |
| 2014 | 71,124,886 | 58,038,248 | 13,086,638 | 33.9 | 51% |
| 2015 | 71,035,655 | 67,652,723 | 3,382,932 | 28.7 | 47% |
| 2016 | 79,797,046 | 73,204,476 | 6,592,570 | 28.8 | 48% |
| 2017 | 90,520,117 | 81,051,594 | 9,468,523 | 29.9 | 44% |
| 2018 | 94,607,314 | 87,708,456 | 6,898,858 | 26.9 | 43% |
| 2019 | 95,796,085 | 85,252,397 | 10,543,688 | 32.6 | 46% |
| 2020 | 96,604,851 | 92,834,661 | 3,770,190 | 33.0 | 44% |
| 2021 | 118,517,115 | 94,937,752 | 23,579,363 | 36.2 | 45% |
| 2022 | 160,500,692 | 97,421,535 | 63,079,157 | 33.1 | 48% |
| 2023 | 113,903,074 | 107,618,804 | 6,284,270 | 33.0 | 46% |
In its most recent public year (2023), this organization brought in $6,284,270 more than it spent. Its reserves stood at about 33 months of spending, up from 26.8 in 2011. Staff pay was 46% of spending. $94,171,942 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
Samuel Merritt University'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