Chamber Of Commerce Ocean City
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 402,927 | 363,075 | 39,852 | 5.9 | 55% |
| 2012 | 369,272 | 367,967 | 1,305 | 5.8 | 56% |
| 2013 | 371,621 | 400,364 | −28,743 | 4.5 | 53% |
| 2014 | 473,049 | 387,777 | 85,272 | 7.3 | 59% |
| 2015 | 429,184 | 430,615 | −1,431 | 6.5 | 61% |
| 2016 | 474,747 | 502,090 | −27,343 | 4.9 | 50% |
| 2017 | 500,499 | 400,211 | 100,288 | 9.2 | 62% |
| 2018 | 523,260 | 420,293 | 102,967 | 11.9 | 57% |
| 2019 | 465,829 | 420,613 | 45,216 | 13.2 | 57% |
| 2020 | 421,948 | 396,685 | 25,263 | 14.7 | 64% |
| 2021 | 436,189 | 451,393 | −15,204 | 12.5 | 57% |
| 2022 | 452,388 | 443,984 | 8,404 | 13.0 | 67% |
| 2023 | 528,498 | 577,564 | −49,066 | 9.0 | 56% |
In its most recent public year (2023), this organization spent $49,066 more than it brought in. Its reserves stood at about 9 months of spending, up from 5.9 in 2011. Staff pay was 56% 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
Chamber Of Commerce Ocean City's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works