Guanghua Chinese Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 340,537 | 336,971 | 3,566 | 14.2 | 58% |
| 2022 | 465,679 | 397,571 | 68,108 | 14.1 | 44% |
| 2023 | 355,164 | 359,742 | −4,578 | 15.4 | 35% |
| 2024 | 374,017 | 356,431 | 17,586 | 16.2 | 34% |
In its most recent public year (2024), this organization brought in $17,586 more than it spent. Its reserves stood at about 16.2 months of spending, up from 14.2 in 2021. Staff pay was 34% 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 2024. 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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