Greater Binghamton Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,049,133 | 1,992,203 | 56,930 | 4.4 | 64% |
| 2012 | 2,123,232 | 2,068,423 | 54,809 | 4.5 | 65% |
| 2013 | 2,240,124 | 2,185,740 | 54,384 | 4.6 | 62% |
| 2014 | 2,171,339 | 2,156,516 | 14,823 | 4.7 | 63% |
| 2015 | 1,748,449 | 1,708,019 | 40,430 | 6.2 | 55% |
| 2016 | 1,770,651 | 1,813,852 | −43,201 | 5.6 | 52% |
| 2017 | 1,779,554 | 1,813,568 | −34,014 | 5.4 | 49% |
| 2018 | 1,721,894 | 1,788,686 | −66,792 | 5.0 | 50% |
| 2019 | 1,890,323 | 1,819,199 | 71,124 | 5.4 | 52% |
| 2020 | 1,563,829 | 1,479,206 | 84,623 | 7.3 | 57% |
| 2021 | 1,519,097 | 1,323,811 | 195,286 | 9.9 | 53% |
| 2022 | 1,899,789 | 1,642,999 | 256,790 | 9.9 | 45% |
| 2023 | 1,543,353 | 1,890,539 | −347,186 | 6.4 | 34% |
In its most recent public year (2023), this organization spent $347,186 more than it brought in. Its reserves stood at about 6.4 months of spending, up from 4.4 in 2011. Staff pay was 34% of spending. $301,214 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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