Marion Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 414,408 | 395,873 | 18,535 | 12.5 | 38% |
| 2022 | 591,814 | 507,088 | 84,726 | 11.7 | 31% |
| 2023 | 622,736 | 577,393 | 45,343 | 11.1 | 38% |
In its most recent public year (2023), this organization brought in $45,343 more than it spent. Its reserves stood at about 11.1 months of spending, down from 12.5 in 2021. Staff pay was 38% of spending. $136,747 of its net assets are donor-restricted.
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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