African American Chamber Foundation Of Western Pa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 447,670 | 289,248 | 158,422 | -27.8 | 67% |
| 2021 | 851,412 | 308,417 | 542,995 | -4.9 | 70% |
| 2022 | 429,250 | 335,128 | 94,122 | -1.2 | 66% |
| 2023 | 373,594 | 272,077 | 101,517 | 3.0 | 58% |
In its most recent public year (2023), this organization brought in $101,517 more than it spent. Its reserves stood at about 3 months of spending, up from -27.8 in 2020. Staff pay was 58% 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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