The Hong Kong Association Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,639 | 9,017 | 1,622 | 93.1 | 0% |
| 2012 | 7,787 | 7,482 | 305 | 112.6 | 0% |
| 2013 | 6,821 | 9,416 | −2,595 | 86.2 | — |
| 2014 | 23,584 | 19,597 | 3,987 | 43.9 | — |
| 2015 | 8,609 | 10,000 | −1,391 | 84.3 | — |
| 2016 | 8,023 | 6,091 | 1,932 | 142.2 | — |
| 2017 | 11,034 | 8,479 | 2,555 | 105.7 | — |
| 2018 | 7,463 | 9,289 | −1,826 | 94.2 | — |
| 2019 | 8,013 | 5,289 | 2,724 | 171.6 | — |
| 2020 | 1,513 | 1,773 | −260 | 510.0 | — |
| 2021 | 13 | 1,139 | −1,126 | 782.1 | — |
| 2022 | 435 | 1,771 | −1,336 | 493.9 | — |
| 2023 | 1,729 | 17,211 | −15,482 | 40.0 | — |
In its most recent public year (2023), this organization spent $15,482 more than it brought in. Its reserves stood at about 40 months of spending, down from 93.1 in 2011.
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
The Hong Kong Association Of Massachusetts Inc'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