Burlington Area Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 144,124 | 204,977 | −60,853 | -1.5 | 73% |
| 2021 | 142,100 | 88,425 | 53,675 | 3.7 | 55% |
| 2022 | 241,676 | 198,988 | 42,688 | 5.8 | 53% |
| 2023 | 239,959 | 295,341 | −55,382 | 1.8 | 46% |
In its most recent public year (2023), this organization spent $55,382 more than it brought in. Its reserves stood at about 1.8 months of spending, up from -1.5 in 2020. Staff pay was 46% 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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