Little River Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 151,611 | 239,617 | −88,006 | -3.1 | 48% |
| 2021 | 377,755 | 297,322 | 80,433 | 0.8 | 37% |
In its most recent public year (2021), this organization brought in $80,433 more than it spent. Its reserves stood at about 0.8 months of spending, up from -3.1 in 2020. Staff pay was 37% of spending. $15,000 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 2021. 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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