Chinareach
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 600,860 | 392,572 | 208,288 | 18.6 | 30% |
| 2020 | 378,398 | 282,679 | 95,719 | 29.9 | 46% |
| 2021 | 467,417 | 328,098 | 139,319 | 30.9 | 37% |
| 2022 | 632,423 | 369,712 | 262,711 | 35.9 | 34% |
| 2023 | 545,178 | 465,672 | 79,506 | 30.6 | 27% |
In its most recent public year (2023), this organization brought in $79,506 more than it spent. Its reserves stood at about 30.6 months of spending, up from 18.6 in 2019. Staff pay was 27% of spending. $332,328 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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