Portsmouth Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 148,728 | 158,638 | −9,910 | 6.1 | 47% |
| 2021 | 190,067 | 150,597 | 39,470 | 9.6 | 50% |
| 2022 | 136,853 | 160,837 | −23,984 | 6.7 | 48% |
| 2023 | 149,640 | 157,701 | −8,061 | 5.0 | 52% |
In its most recent public year (2023), this organization spent $8,061 more than it brought in. Its reserves stood at about 5 months of spending, down from 6.1 in 2020. Staff pay was 52% 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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