Chinese American Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 331,947 | 391,057 | −59,110 | 85.1 | 28% |
| 2021 | 324,901 | 358,916 | −34,015 | 92.7 | 28% |
| 2022 | 586,491 | 587,160 | −669 | 50.5 | 21% |
| 2023 | 599,027 | 752,080 | −153,053 | 40.0 | 18% |
In its most recent public year (2023), this organization spent $153,053 more than it brought in. Its reserves stood at about 40 months of spending, down from 85.1 in 2020. Staff pay was 18% 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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