Huaxia Chinese Academy Of Greater New York
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 282,286 | 254,538 | 27,748 | 1.3 | 0% |
| 2014 | 373,312 | 325,568 | 47,744 | 2.8 | 0% |
| 2015 | 504,612 | 400,286 | 104,326 | 5.4 | 20% |
| 2016 | 648,820 | 566,989 | 81,831 | 5.5 | 26% |
| 2017 | 677,209 | 578,252 | 98,957 | 7.5 | 32% |
| 2018 | 682,216 | 657,193 | 25,023 | 7.0 | 32% |
| 2019 | 688,446 | 600,640 | 87,806 | 9.5 | 34% |
| 2020 | 739,926 | 533,271 | 206,655 | 15.2 | 29% |
| 2021 | 423,579 | 267,176 | 156,403 | 37.4 | 61% |
| 2022 | 400,810 | 345,489 | 55,321 | 30.8 | 45% |
In its most recent public year (2022), this organization brought in $55,321 more than it spent. Its reserves stood at about 30.8 months of spending, up from 1.3 in 2013. Staff pay was 45% 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 2022. 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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