Fangcao Reading Circle
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 73,874 | 66,862 | 7,012 | 2.3 | — |
| 2017 | 72,321 | 73,177 | −856 | 5.8 | — |
| 2018 | 125,014 | 47,594 | 77,420 | 28.4 | — |
| 2019 | 105,771 | 134,084 | −28,313 | 7.5 | — |
| 2020 | 665,046 | 715,469 | −50,423 | 0.6 | 0% |
| 2021 | 70,752 | 75,522 | −4,770 | 4.6 | — |
| 2022 | 33,716 | 51,665 | −17,949 | 2.6 | — |
| 2023 | 37,135 | 38,714 | −1,579 | 3.0 | — |
In its most recent public year (2023), this organization spent $1,579 more than it brought in. Its reserves stood at about 3 months 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
Fangcao Reading Circle's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works