Wong Foundation In Loving Memory Of Sharon Lin Wong
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 30,000 | 25,049 | 4,951 | 2.4 | — |
| 2019 | 73,500 | 73,660 | −160 | 0.8 | — |
| 2020 | 43,779 | 47,839 | −4,060 | 0.2 | — |
| 2022 | 95,109 | 96,469 | −1,360 | 0.0 | — |
| 2023 | 28,010 | 28,162 | −152 | 0.0 | — |
In its most recent public year (2023), this organization spent $152 more than it brought in. Its reserves stood at about 0 months of spending, down from 2.4 in 2018.
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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