Lung Kong Tin Yee Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 111,454 | 80,673 | 30,781 | 46.0 | — |
| 2020 | 80,502 | 32,923 | 47,579 | 121.0 | — |
| 2022 | 73,399 | 29,560 | 43,839 | 158.7 | — |
| 2023 | 99,843 | 62,794 | 37,049 | 81.8 | — |
In its most recent public year (2023), this organization brought in $37,049 more than it spent. Its reserves stood at about 81.8 months of spending, up from 46 in 2019.
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
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