Wong Family Benevolent Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 159,802 | 226,691 | −66,889 | 14.2 | 0% |
| 2012 | 159,744 | 218,498 | −58,754 | 11.5 | 8% |
| 2013 | 160,342 | 193,819 | −33,477 | 10.9 | 9% |
| 2014 | 190,958 | 180,373 | 10,585 | 12.5 | 10% |
| 2015 | 196,396 | 175,008 | 21,388 | 14.3 | 10% |
| 2016 | 161,112 | 155,412 | 5,700 | 16.6 | 14% |
| 2017 | 179,848 | 209,490 | −29,642 | 10.6 | 10% |
| 2018 | 154,921 | 269,380 | −114,459 | 3.1 | 8% |
| 2020 | 125,376 | 171,032 | −45,656 | 3.8 | 6% |
| 2021 | 162,182 | 163,192 | −1,010 | 3.9 | 6% |
| 2022 | 174,571 | 168,585 | 5,986 | 4.2 | 12% |
In its most recent public year (2022), this organization brought in $5,986 more than it spent. Its reserves stood at about 4.2 months of spending, down from 14.2 in 2011. Staff pay was 12% 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
Wong Family Benevolent Association's IRS filings as a feed — one entry per filing year, through 2022. 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