Greater Wilkes-Barre Chamber Of Business & Industry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 599,876 | 474,723 | 125,153 | -5.8 | 62% |
| 2021 | 1,007,151 | 664,372 | 342,779 | 2.0 | 47% |
| 2022 | 521,129 | 582,875 | −61,746 | 1.1 | 57% |
| 2023 | 1,068,598 | 794,731 | 273,867 | 4.9 | 40% |
In its most recent public year (2023), this organization brought in $273,867 more than it spent. Its reserves stood at about 4.9 months of spending, up from -5.8 in 2020. Staff pay was 40% 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 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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