Lowell Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,243 | 43,865 | −11,622 | 9.0 | 6% |
| 2012 | 35,268 | 30,813 | 4,455 | 14.6 | 12% |
| 2013 | 26,605 | 29,731 | −3,126 | 13.9 | 13% |
| 2014 | 16,725 | 23,983 | −7,258 | 13.6 | — |
| 2015 | 10,001 | 23,750 | −13,749 | 6.7 | — |
| 2017 | 13,372 | 21,002 | −7,630 | 2.4 | — |
| 2018 | 34,761 | 36,486 | −1,725 | 0.8 | — |
| 2019 | 25,028 | 26,006 | −978 | 0.7 | — |
| 2020 | 19,387 | 18,989 | 398 | 1.2 | — |
| 2021 | 17,749 | 14,462 | 3,287 | 4.0 | — |
| 2022 | 31,652 | 24,423 | 7,229 | 5.9 | — |
| 2023 | 13,629 | 17,570 | −3,941 | 5.6 | — |
In its most recent public year (2023), this organization spent $3,941 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 9 in 2011.
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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