Greater Norwich Area Chamber Of Commerce Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 141,010 | 142,613 | −1,603 | -0.3 | — |
| 2012 | 141,767 | 140,893 | 874 | -0.2 | — |
| 2013 | 151,481 | 172,430 | −20,949 | -1.6 | — |
| 2014 | 174,826 | 130,747 | 44,079 | 1.9 | 52% |
| 2015 | 157,729 | 146,526 | 11,203 | 2.6 | — |
| 2016 | 166,894 | 153,688 | 13,206 | 3.5 | 54% |
| 2017 | 160,516 | 162,828 | −2,312 | 3.1 | — |
| 2018 | 174,584 | 156,693 | 17,891 | 3.7 | 60% |
| 2019 | 202,992 | 214,379 | −11,387 | 2.1 | 62% |
| 2020 | 197,665 | 205,633 | −7,968 | 1.7 | 68% |
| 2021 | 274,879 | 184,569 | 90,310 | 7.8 | 70% |
| 2022 | 207,694 | 205,850 | 1,844 | 7.1 | 68% |
| 2023 | 241,882 | 257,200 | −15,318 | 4.9 | 70% |
| 2024 | 240,367 | 239,371 | 996 | 5.4 | 70% |
In its most recent public year (2024), this organization brought in $996 more than it spent. Its reserves stood at about 5.4 months of spending, up from -0.3 in 2011. Staff pay was 70% of spending.
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 2024. 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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