Palolo Chinese Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 0 | 0 | 0 | — | — |
| 2010 | 11,380,541 | 9,509,827 | 1,870,714 | 22.1 | 45% |
| 2011 | 10,156,903 | 10,140,936 | 15,967 | 20.6 | 43% |
| 2012 | 10,948,654 | 10,684,121 | 264,533 | 19.9 | 45% |
| 2013 | 11,226,963 | 10,487,313 | 739,650 | 21.1 | 48% |
| 2014 | 12,052,115 | 10,812,495 | 1,239,620 | 21.8 | 48% |
| 2015 | 12,206,721 | 10,956,411 | 1,250,310 | 22.9 | 46% |
| 2016 | 12,387,330 | 11,447,140 | 940,190 | 22.9 | 52% |
| 2017 | 16,547,149 | 15,820,761 | 726,388 | 17.2 | 46% |
| 2018 | 17,090,770 | 16,482,025 | 608,745 | 16.9 | 48% |
| 2019 | 17,672,350 | 16,527,107 | 1,145,243 | 17.8 | 51% |
| 2020 | 18,423,692 | 18,359,152 | 64,540 | 16.2 | 49% |
| 2021 | 20,295,958 | 18,664,974 | 1,630,984 | 17.2 | 49% |
| 2022 | 18,111,380 | 21,185,494 | −3,074,114 | 13.1 | 42% |
| 2023 | 21,103,739 | 20,656,228 | 447,511 | 13.9 | 42% |
In its most recent public year (2023), this organization brought in $447,511 more than it spent. Its reserves stood at about 13.9 months of spending. Staff pay was 42% of spending. $845,580 of its net assets are donor-restricted.
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
Palolo Chinese Home'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