Palos Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,996 | 69,285 | −15,289 | 3.4 | — |
| 2013 | 49,266 | 42,259 | 7,007 | 4.3 | — |
| 2014 | 49,895 | 42,142 | 7,753 | 6.5 | — |
| 2015 | 47,144 | 39,940 | 7,204 | 9.0 | — |
| 2016 | 49,349 | 53,252 | −3,903 | 5.9 | — |
| 2017 | 41,004 | 45,010 | −4,006 | 5.9 | — |
| 2018 | 45,360 | 42,911 | 2,449 | 6.9 | — |
| 2019 | 55,055 | 53,698 | 1,357 | 5.8 | — |
| 2020 | 24,603 | 36,699 | −12,096 | 4.5 | — |
| 2021 | 53,796 | 22,906 | 30,890 | 23.4 | — |
| 2022 | 48,244 | 52,009 | −3,765 | 9.5 | — |
| 2023 | 34,049 | 18,292 | 15,757 | 37.2 | — |
In its most recent public year (2023), this organization brought in $15,757 more than it spent. Its reserves stood at about 37.2 months of spending, up from 3.4 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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