Fook Chong Hong Friendly Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 291,772 | 230,018 | 61,754 | 140.7 | 13% |
| 2012 | 273,352 | 327,603 | −54,251 | 96.8 | 8% |
| 2013 | 277,922 | 491,117 | −213,195 | 59.4 | 9% |
| 2014 | 224,939 | 237,741 | −12,802 | 122.0 | 17% |
| 2015 | 293,064 | 357,306 | −64,242 | 79.0 | 12% |
| 2016 | 294,686 | 205,787 | 88,899 | 142.4 | 20% |
| 2017 | 298,822 | 269,696 | 29,126 | 109.9 | 15% |
| 2018 | 348,000 | 314,691 | 33,309 | 95.5 | 16% |
| 2019 | 293,396 | 221,852 | 71,544 | 139.3 | 26% |
| 2020 | 203,542 | 149,974 | 53,568 | 210.3 | 32% |
| 2021 | 93,188 | 165,515 | −72,327 | 185.3 | 29% |
| 2022 | 322,669 | 217,654 | 105,015 | 146.7 | 22% |
| 2023 | 159,667 | 305,064 | −145,397 | 99.0 | 16% |
In its most recent public year (2023), this organization spent $145,397 more than it brought in. Its reserves stood at about 99 months of spending, down from 140.7 in 2011. Staff pay was 16% 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
Fook Chong Hong Friendly Society'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