Chambersburg Area Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 643,679 | 1,761,736 | −1,118,057 | 70.5 | 0% |
| 2012 | 539,823 | 545,591 | −5,768 | 227.5 | 0% |
| 2013 | 746,591 | 616,429 | 130,162 | 203.9 | 0% |
| 2014 | 1,091,593 | 552,930 | 538,663 | 257.9 | 0% |
| 2015 | 1,006,835 | 594,681 | 412,154 | 253.6 | 0% |
| 2016 | 717,057 | 473,867 | 243,190 | 314.2 | 0% |
| 2017 | 878,503 | 523,426 | 355,077 | 294.7 | 0% |
| 2018 | 1,026,543 | 569,343 | 457,200 | 277.6 | 0% |
| 2019 | 1,658,203 | 476,313 | 1,181,890 | 364.9 | 0% |
| 2021 | 915,984 | 395,127 | 520,857 | 457.7 | 0% |
| 2022 | 3,203,154 | 428,729 | 2,774,425 | 491.0 | 0% |
| 2023 | 888,054 | 461,814 | 426,240 | 470.7 | 0% |
In its most recent public year (2023), this organization brought in $426,240 more than it spent. Its reserves stood at about 470.7 months of spending, up from 70.5 in 2011. Staff pay was 0% 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
Chambersburg Area Development Corp'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