Cary Chinese School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 134,255 | 155,486 | −21,231 | 7.3 | — |
| 2012 | 165,700 | 157,546 | 8,154 | 7.8 | — |
| 2013 | 165,208 | 165,703 | −495 | 7.3 | — |
| 2014 | 192,431 | 167,395 | 25,036 | 9.1 | — |
| 2015 | 302,556 | 218,190 | 84,366 | 10.9 | 44% |
| 2016 | 280,525 | 281,381 | −856 | 8.4 | 44% |
| 2017 | 399,818 | 329,722 | 70,096 | 9.7 | 45% |
| 2018 | 376,822 | 313,329 | 63,493 | 12.7 | 5% |
| 2019 | 541,959 | 340,939 | 201,020 | 18.7 | 51% |
| 2020 | 491,817 | 354,750 | 137,067 | 22.7 | 11% |
| 2021 | 412,797 | 450,558 | −37,761 | 16.8 | 65% |
| 2022 | 673,936 | 614,920 | 59,016 | 13.7 | 59% |
| 2023 | 596,919 | 639,337 | −42,418 | 12.6 | 58% |
In its most recent public year (2023), this organization spent $42,418 more than it brought in. Its reserves stood at about 12.6 months of spending, up from 7.3 in 2011. Staff pay was 58% 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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