Friends Of The University Of Hong Kong Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 551,322 | 324,008 | 227,314 | 15.7 | 0% |
| 2012 | 754,007 | 798,637 | −44,630 | 5.7 | 0% |
| 2013 | 582,053 | 820,002 | −237,949 | 2.1 | 0% |
| 2014 | 449,925 | 474,862 | −24,937 | 2.9 | 0% |
| 2015 | 825,829 | 830,788 | −4,959 | 1.6 | 0% |
| 2016 | 1,836,069 | 821,239 | 1,014,830 | 16.4 | 0% |
| 2017 | 484,986 | 763,463 | −278,477 | 13.3 | 0% |
| 2018 | 461,911 | 737,835 | −275,924 | 9.2 | 0% |
| 2019 | 480,166 | 750,042 | −269,876 | 4.8 | 0% |
| 2020 | 237,358 | 229,716 | 7,642 | 16.0 | 0% |
| 2021 | 139,745 | 140,039 | −294 | 26.2 | — |
| 2022 | 667,519 | 883,362 | −215,843 | 1.2 | 0% |
| 2023 | 81,183 | 71,552 | 9,631 | 16.7 | — |
In its most recent public year (2023), this organization brought in $9,631 more than it spent. Its reserves stood at about 16.7 months 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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