Marion Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 60,859 | 12,080 | 48,779 | 54.2 | — |
| 2021 | 65,725 | 91,782 | −26,057 | 3.7 | — |
| 2022 | 80,656 | 62,582 | 18,074 | 8.9 | — |
| 2023 | 40,643 | 17,480 | 23,163 | 47.9 | — |
In its most recent public year (2023), this organization brought in $23,163 more than it spent. Its reserves stood at about 47.9 months of spending, down from 54.2 in 2020.
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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