Minghui Publishing Center Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 381,479 | 143,870 | 237,609 | 81.4 | 0% |
| 2021 | 189,033 | 194,166 | −5,133 | 59.7 | 0% |
| 2022 | 324,645 | 537,343 | −212,698 | 16.9 | 0% |
| 2023 | 695,133 | 377,590 | 317,543 | 33.9 | 0% |
In its most recent public year (2023), this organization brought in $317,543 more than it spent. Its reserves stood at about 33.9 months of spending, down from 81.4 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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