Chinese Agape Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 717,259 | 927,195 | −209,936 | 11.3 | 18% |
| 2012 | 907,893 | 609,599 | 298,294 | 23.1 | 33% |
| 2013 | 976,970 | 801,917 | 175,053 | 14.1 | 20% |
| 2014 | 953,851 | 840,208 | 113,643 | 15.2 | 13% |
| 2015 | 921,308 | 970,239 | −48,931 | 12.6 | 22% |
| 2016 | 666,999 | 910,941 | −243,942 | 9.7 | 22% |
| 2017 | 573,092 | 742,889 | −169,797 | 9.1 | 23% |
| 2018 | 705,365 | 841,226 | −135,861 | 6.1 | 0% |
| 2019 | 638,799 | 734,659 | −95,860 | 5.5 | 14% |
| 2020 | 979,146 | 1,021,751 | −42,605 | 3.9 | 12% |
| 2021 | 990,792 | 1,102,620 | −111,828 | 2.4 | 13% |
| 2022 | 1,073,157 | 983,391 | 89,766 | 3.7 | 18% |
| 2023 | 995,277 | 943,368 | 51,909 | 4.5 | 19% |
In its most recent public year (2023), this organization brought in $51,909 more than it spent. Its reserves stood at about 4.5 months of spending, down from 11.3 in 2011. Staff pay was 19% 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
Chinese Agape Foundation'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