Hong Ning Senior Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 549,142 | 476,826 | 72,316 | -16.7 | 11% |
| 2012 | 501,767 | 480,121 | 21,646 | -16.0 | 12% |
| 2013 | 508,135 | 510,424 | −2,289 | -15.1 | 13% |
| 2014 | 514,211 | 563,207 | −48,996 | -14.8 | 16% |
| 2015 | 521,499 | 546,782 | −25,283 | -15.8 | 17% |
| 2016 | 530,623 | 544,525 | −13,902 | -16.1 | 19% |
| 2017 | 539,266 | 559,643 | −20,377 | -16.1 | 21% |
| 2018 | 544,721 | 548,961 | −4,240 | -16.5 | 22% |
| 2019 | 538,798 | 526,433 | 12,365 | -17.0 | 24% |
| 2020 | 573,394 | 493,504 | 79,890 | -16.1 | 26% |
| 2021 | 614,188 | 464,561 | 149,627 | -13.3 | 23% |
| 2022 | 655,188 | 471,719 | 183,469 | -8.4 | 16% |
| 2023 | 662,488 | 517,727 | 144,761 | -4.3 | 19% |
In its most recent public year (2023), this organization brought in $144,761 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.3 months), up from -16.7 in 2011. Staff pay was 19% 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
Hong Ning Senior Housing Corporation'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