Punjabi American Heritage Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 177,412 | 130,044 | 47,368 | 69.5 | 0% |
| 2021 | 359,276 | 191,428 | 167,848 | 57.7 | 0% |
| 2022 | 180,589 | 169,260 | 11,329 | 66.1 | 0% |
| 2023 | 233,060 | 301,066 | −68,006 | 33.8 | 0% |
In its most recent public year (2023), this organization spent $68,006 more than it brought in. Its reserves stood at about 33.8 months of spending, down from 69.5 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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