Biola University Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $260,665,144 | $227,738,038 | $32,927,106 | 16.7 | 37% |
| 2021 | $217,190,577 | $225,365,038 | −$8,174,461 | 18.5 | 35% |
| 2022 | $249,357,478 | $242,679,337 | $6,678,141 | 16.0 | 35% |
| 2023 | $223,677,013 | $236,112,678 | −$12,435,665 | 16.3 | 37% |
In its most recent public year (2023), this organization spent $12,435,665 more than it brought in. Its reserves stood at about 16.3 months of spending. Staff pay was 37% of spending. $116,830,623 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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