Choe Khor Ling Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 112,743 | 17,340 | 95,403 | 86.5 | — |
| 2021 | 258,028 | 117,706 | 140,322 | 27.0 | 0% |
| 2022 | 53,497 | 23,297 | 30,200 | 152.2 | — |
| 2023 | 34,945 | 171,485 | −136,540 | 11.1 | — |
In its most recent public year (2023), this organization spent $136,540 more than it brought in. Its reserves stood at about 11.1 months of spending, down from 86.5 in 2020.
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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