Portuguese Fraternal Society Of America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 14,348,997 | 14,315,601 | 33,396 | 8.5 | 4% |
| 2021 | 13,670,084 | 12,870,020 | 800,064 | 9.9 | 5% |
| 2022 | 14,687,259 | 12,524,510 | 2,162,749 | 5.8 | 6% |
In its most recent public year (2022), this organization brought in $2,162,749 more than it spent. Its reserves stood at about 5.8 months of spending, down from 8.5 in 2020. Staff pay was 6% 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 2022. 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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