Phi Chi Medical Fraternity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,925 | 40,663 | 262 | 67.3 | — |
| 2012 | 35,801 | 38,809 | −3,008 | 69.6 | — |
| 2013 | 41,785 | 24,653 | 17,132 | 118.0 | — |
| 2014 | 44,117 | 43,355 | 762 | 67.3 | — |
| 2015 | 49,926 | 29,220 | 20,706 | 86.9 | — |
| 2016 | 45,675 | 35,908 | 9,767 | 74.0 | — |
| 2017 | 49,612 | 32,223 | 17,389 | 88.9 | — |
| 2018 | 53,291 | 37,499 | 15,792 | 81.5 | — |
| 2019 | 56,468 | 35,163 | 21,305 | 94.1 | — |
| 2020 | 64,408 | 31,253 | 33,155 | 118.7 | — |
| 2021 | 58,267 | 32,225 | 26,042 | 124.8 | — |
| 2022 | 73,325 | 36,698 | 36,627 | 121.5 | — |
| 2023 | 57,909 | 36,138 | 21,771 | 130.7 | — |
In its most recent public year (2023), this organization brought in $21,771 more than it spent. Its reserves stood at about 130.7 months of spending, up from 67.3 in 2011.
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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