Washington Chinatown Development Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 14,188 | 636,362 | −622,174 | 31.1 | 0% |
| 2021 | 379,154 | 407,547 | −28,393 | 17.4 | 0% |
| 2022 | 460,627 | 474,677 | −14,050 | 13.6 | 0% |
| 2023 | 404,660 | 353,613 | 51,047 | 20.9 | 0% |
In its most recent public year (2023), this organization brought in $51,047 more than it spent. Its reserves stood at about 20.9 months of spending, down from 31.1 in 2020. Staff pay was 0% 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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