Wooster Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 391,088 | 547,824 | −156,736 | 24.3 | 45% |
| 2021 | 1,000,666 | 545,451 | 455,215 | 34.5 | 35% |
| 2022 | 820,143 | 684,602 | 135,541 | 29.8 | 33% |
| 2023 | 1,049,709 | 775,295 | 274,414 | 27.2 | 33% |
In its most recent public year (2023), this organization brought in $274,414 more than it spent. Its reserves stood at about 27.2 months of spending, up from 24.3 in 2020. Staff pay was 33% 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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