Wongu University Of Oriental Medicine
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,090,789 | 750,826 | 1,339,963 | 21.4 | 45% |
| 2015 | 635,778 | 956,213 | −320,435 | 12.8 | 46% |
| 2016 | 1,157,634 | 1,123,953 | 33,681 | 11.2 | 47% |
| 2017 | 2,168,396 | 1,319,847 | 848,549 | 17.3 | 55% |
| 2018 | 790,272 | 1,292,441 | −502,169 | 13.0 | 64% |
| 2019 | 949,260 | 1,191,886 | −242,626 | 11.6 | 70% |
| 2020 | 2,058,175 | 1,211,094 | 847,081 | 19.9 | 70% |
| 2021 | 1,327,970 | 1,282,228 | 45,742 | 19.2 | 70% |
| 2022 | 1,890,172 | 1,341,025 | 549,147 | 23.3 | 67% |
| 2023 | 1,079,659 | 1,445,466 | −365,807 | 18.5 | 69% |
In its most recent public year (2023), this organization spent $365,807 more than it brought in. Its reserves stood at about 18.5 months of spending, down from 21.4 in 2014. Staff pay was 69% of spending. $500,000 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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