Utah Asian Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 500 | 10,188 | −9,688 | 10.9 | — |
| 2014 | 12,968 | 8,499 | 4,469 | 19.4 | — |
| 2015 | 9,700 | 11,865 | −2,165 | 11.7 | — |
| 2016 | 28,880 | 20,948 | 7,932 | 11.2 | — |
| 2018 | 53,684 | 33,208 | 20,476 | 17.4 | — |
| 2019 | 14,583 | 15,253 | −670 | 37.3 | — |
| 2020 | 2,443 | 1,853 | 590 | 310.5 | — |
| 2021 | 3,500 | 633 | 2,867 | 963.4 | — |
| 2022 | 14,300 | 16,697 | −2,397 | 34.8 | — |
| 2023 | 16,519 | 16,373 | 146 | 35.6 | — |
In its most recent public year (2023), this organization brought in $146 more than it spent. Its reserves stood at about 35.6 months of spending, up from 10.9 in 2013.
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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