Swedish-American Chamber Of Commmerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,710,052 | 2,191,856 | −481,804 | 3.9 | 23% |
| 2021 | 1,580,873 | 1,933,584 | −352,711 | 2.2 | 24% |
| 2022 | 1,685,686 | 1,894,690 | −209,004 | -2.9 | 25% |
| 2023 | 1,710,263 | 1,353,104 | 357,159 | 5.0 | 33% |
In its most recent public year (2023), this organization brought in $357,159 more than it spent. Its reserves stood at about 5 months of spending, up from 3.9 in 2020. Staff pay was 33% of spending. $285,000 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 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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