Lockport Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,180 | 69,309 | −8,129 | 19.8 | — |
| 2021 | 150,039 | 94,662 | 55,377 | 21.5 | — |
| 2022 | 137,961 | 99,041 | 38,920 | 25.4 | 65% |
| 2023 | 135,013 | 112,191 | 22,822 | 23.7 | 74% |
In its most recent public year (2023), this organization brought in $22,822 more than it spent. Its reserves stood at about 23.7 months of spending, up from 19.8 in 2020. Staff pay was 74% 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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