Chong Wa Education Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,863 | 30,290 | 13,573 | 91.9 | 0% |
| 2012 | 42,715 | 34,279 | 8,436 | 84.2 | 0% |
| 2013 | 49,046 | 29,980 | 19,066 | 103.9 | 0% |
| 2014 | 39,773 | 32,602 | 7,171 | 98.1 | 0% |
| 2015 | 46,672 | 36,619 | 10,053 | 90.7 | 0% |
| 2016 | 122,733 | 47,349 | 75,384 | 73.0 | 0% |
| 2017 | 81,353 | 33,907 | 47,446 | 118.7 | — |
| 2018 | 882,479 | 42,106 | 840,373 | 335.1 | 0% |
| 2019 | 173,394 | 55,290 | 118,104 | 280.8 | 0% |
| 2020 | 85,383 | 59,721 | 25,662 | 265.2 | 0% |
| 2021 | 64,607 | 51,901 | 12,706 | 308.1 | 0% |
| 2022 | 28,666 | 64,986 | −36,320 | 239.3 | 0% |
| 2023 | 78,003 | 101,589 | −23,586 | 150.3 | 0% |
In its most recent public year (2023), this organization spent $23,586 more than it brought in. Its reserves stood at about 150.3 months of spending, up from 91.9 in 2011. Staff pay was 0% 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
Chong Wa Education Society's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works