Portuguese Heritage Society Of California Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 65,353 | 65,383 | −30 | 19.1 | — |
| 2020 | 24,474 | 20,621 | 3,853 | 62.7 | — |
| 2021 | 51,137 | 30,588 | 20,549 | 50.3 | — |
| 2022 | 85,065 | 57,924 | 27,141 | 32.2 | — |
| 2023 | 88,828 | 67,496 | 21,332 | 31.4 | — |
In its most recent public year (2023), this organization brought in $21,332 more than it spent. Its reserves stood at about 31.4 months of spending, up from 19.1 in 2019.
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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