Boston Chinatown Neighborhood Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 7,467,156 | 6,133,960 | 1,333,196 | 18.8 | 56% |
| 2022 | 7,840,368 | 6,467,014 | 1,373,354 | 20.1 | 59% |
| 2023 | 9,576,227 | 7,292,506 | 2,283,721 | 21.7 | 60% |
In its most recent public year (2023), this organization brought in $2,283,721 more than it spent. Its reserves stood at about 21.7 months of spending, up from 18.8 in 2021. Staff pay was 60% of spending. $4,417,474 of its net assets are donor-restricted.
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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