Filipino Migrant Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 455,319 | 410,165 | 45,154 | 14.2 | 51% |
| 2021 | 894,863 | 515,047 | 379,816 | 20.2 | 66% |
| 2022 | 856,909 | 806,142 | 50,767 | 13.7 | 61% |
| 2023 | 1,944,783 | 648,754 | 1,296,029 | 41.0 | 62% |
In its most recent public year (2023), this organization brought in $1,296,029 more than it spent. Its reserves stood at about 41 months of spending, up from 14.2 in 2020. Staff pay was 62% of spending. $3,255 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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