Hop Wo Benevolent Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 164,888 | 112,443 | 52,445 | 164.3 | 0% |
| 2012 | 157,373 | 213,587 | −56,214 | 83.3 | 0% |
| 2013 | 162,268 | 105,078 | 57,190 | 175.9 | 4% |
| 2014 | 164,089 | 115,157 | 48,932 | 165.6 | 4% |
| 2015 | 164,741 | 46,897 | 117,844 | 418.7 | 9% |
| 2016 | 165,305 | 218,118 | −52,813 | 87.1 | 2% |
| 2017 | 156,126 | 134,515 | 21,611 | 143.2 | 3% |
| 2018 | 182,453 | 116,226 | 66,227 | 172.5 | 4% |
| 2019 | 202,453 | 100,791 | 101,662 | 211.1 | 5% |
| 2020 | 195,113 | 76,323 | 118,790 | 297.4 | 6% |
| 2021 | 180,845 | 113,625 | 67,220 | 206.9 | 4% |
| 2022 | 165,336 | 130,256 | 35,080 | 183.7 | 4% |
| 2023 | 181,367 | 220,809 | −39,442 | 106.2 | 2% |
In its most recent public year (2023), this organization spent $39,442 more than it brought in. Its reserves stood at about 106.2 months of spending, down from 164.3 in 2011. Staff pay was 2% 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
Hop Wo Benevolent Association'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