Richland Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,226,411 | 3,187,695 | 38,716 | 3.0 | 8% |
| 2021 | 950,905 | 919,093 | 31,812 | 11.0 | 64% |
| 2022 | 2,123,004 | 2,057,766 | 65,238 | 5.1 | 31% |
| 2023 | 1,088,470 | 1,080,056 | 8,414 | 10.1 | 67% |
In its most recent public year (2023), this organization brought in $8,414 more than it spent. Its reserves stood at about 10.1 months of spending, up from 3 in 2020. Staff pay was 67% of spending. $3,162 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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