Ray Chinese School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 561,038 | 536,445 | 24,593 | 11.4 | 54% |
| 2012 | 579,401 | 491,064 | 88,337 | 14.7 | 56% |
| 2013 | 570,462 | 522,878 | 47,584 | 14.9 | 60% |
| 2014 | 645,279 | 626,203 | 19,076 | 12.8 | 56% |
| 2015 | 558,108 | 582,596 | −24,488 | 13.2 | 61% |
| 2017 | 578,655 | 533,219 | 45,436 | 16.6 | 43% |
| 2018 | 586,702 | 552,820 | 33,882 | 16.8 | 39% |
| 2020 | 685,808 | 697,101 | −11,293 | 13.2 | 36% |
| 2021 | 588,272 | 582,236 | 6,036 | 15.9 | 34% |
| 2022 | 549,091 | 539,217 | 9,874 | 17.4 | 32% |
| 2023 | 591,713 | 604,138 | −12,425 | 15.3 | 37% |
In its most recent public year (2023), this organization spent $12,425 more than it brought in. Its reserves stood at about 15.3 months of spending, up from 11.4 in 2011. Staff pay was 37% 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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