Hip Wah School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 111,393 | 91,559 | 19,834 | 18.3 | — |
| 2012 | 111,028 | 117,987 | −6,959 | 13.5 | — |
| 2013 | 111,914 | 114,341 | −2,427 | 13.9 | — |
| 2014 | 138,144 | 120,149 | 17,995 | 13.8 | — |
| 2015 | 132,192 | 129,251 | 2,941 | 13.1 | — |
| 2016 | 116,442 | 126,344 | −9,902 | 12.4 | — |
| 2017 | 119,685 | 138,961 | −19,276 | 9.7 | — |
| 2018 | 137,551 | 143,141 | −5,590 | 8.9 | — |
| 2019 | 148,204 | 141,882 | 6,322 | 9.5 | — |
| 2020 | 8,797 | 75,647 | −66,850 | 7.2 | — |
| 2021 | 144,661 | 163,859 | −19,198 | 13.4 | — |
| 2022 | 166,228 | 170,697 | −4,469 | 12.5 | — |
| 2023 | 193,786 | 185,648 | 8,138 | 12.0 | — |
In its most recent public year (2023), this organization brought in $8,138 more than it spent. Its reserves stood at about 12 months of spending, down from 18.3 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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