Haitian American Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 193,349 | 154,668 | 38,681 | 2.5 | 6% |
| 2021 | 213,607 | 208,909 | 4,698 | 2.1 | 27% |
| 2022 | 943,688 | 908,000 | 35,688 | 1.0 | 17% |
In its most recent public year (2022), this organization brought in $35,688 more than it spent. Its reserves stood at about 1 months of spending, down from 2.5 in 2020. Staff pay was 17% 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 2022. 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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