Hue Quang Buddhist Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 492,393 | 253,996 | 238,397 | 16.0 | 4% |
| 2019 | 947,834 | 309,949 | 637,885 | 223.1 | 0% |
| 2020 | 1,674,768 | 266,333 | 1,408,435 | 318.5 | 0% |
| 2021 | 1,023,333 | 481,165 | 542,168 | 189.8 | 0% |
| 2022 | 1,164,098 | 513,261 | 650,837 | 192.6 | 0% |
| 2023 | 1,839,699 | 257,449 | 1,582,250 | 420.5 | 0% |
In its most recent public year (2023), this organization brought in $1,582,250 more than it spent. Its reserves stood at about 420.5 months of spending, up from 16 in 2014. 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
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