Westmont Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 258,169 | 282,719 | −24,550 | 2.5 | 28% |
| 2012 | 222,846 | 200,731 | 22,115 | 4.8 | 39% |
| 2013 | 259,275 | 232,136 | 27,139 | 5.6 | 36% |
| 2014 | 254,768 | 255,545 | −777 | 5.0 | 39% |
| 2015 | 270,115 | 268,701 | 1,414 | 4.8 | 39% |
| 2016 | 267,178 | 273,642 | −6,464 | 4.5 | 41% |
| 2017 | 347,989 | 323,434 | 24,555 | 4.7 | 36% |
| 2018 | 339,500 | 273,006 | 66,494 | 8.5 | 38% |
| 2019 | 310,542 | 296,906 | 13,636 | 8.3 | 37% |
| 2020 | 249,306 | 230,016 | 19,290 | 11.8 | 51% |
| 2021 | 338,131 | 224,856 | 113,275 | 18.1 | 52% |
| 2022 | 306,672 | 292,199 | 14,473 | 15.5 | 44% |
| 2023 | 342,931 | 331,539 | 11,392 | 14.0 | 42% |
In its most recent public year (2023), this organization brought in $11,392 more than it spent. Its reserves stood at about 14 months of spending, up from 2.5 in 2011. Staff pay was 42% 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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