Kwang He Won Health Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 42,750 | 8,822 | 33,928 | 46.2 | — |
| 2019 | 93,000 | 35,577 | 57,423 | 30.8 | — |
| 2020 | 2,000 | 111,502 | −109,502 | -2.0 | — |
| 2021 | 58,438 | 372,671 | −314,233 | -10.7 | — |
| 2022 | 288,025 | 750,510 | −462,485 | -12.7 | 44% |
| 2023 | 783,606 | 915,122 | −131,516 | -12.1 | 51% |
In its most recent public year (2023), this organization spent $131,516 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.1 months), down from 46.2 in 2018. Staff pay was 51% 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
Kwang He Won Health Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works