Bul Kwang Sa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 492,468 | 469,117 | 23,351 | 51.4 | 19% |
| 2020 | 286,325 | 249,670 | 36,655 | 101.4 | 28% |
| 2021 | 336,768 | 230,879 | 105,889 | 108.9 | 19% |
| 2022 | 495,056 | 327,772 | 167,284 | 81.2 | 22% |
| 2023 | 426,067 | 390,039 | 36,028 | 69.4 | 21% |
In its most recent public year (2023), this organization brought in $36,028 more than it spent. Its reserves stood at about 69.4 months of spending, up from 51.4 in 2018. Staff pay was 21% 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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