Illinois State Black Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,093,451 | 1,112,200 | −18,749 | 0.9 | 32% |
| 2019 | 1,785,643 | 1,768,473 | 17,170 | -0.0 | 30% |
| 2020 | 1,383,787 | 1,427,086 | −43,299 | -0.4 | 42% |
| 2021 | 1,053,530 | 1,062,368 | −8,838 | -0.1 | 54% |
| 2022 | 736,713 | 717,552 | 19,161 | 0.8 | 23% |
| 2023 | 722,921 | 758,827 | −35,906 | 0.2 | 28% |
In its most recent public year (2023), this organization spent $35,906 more than it brought in. Its reserves stood at about 0.2 months of spending. Staff pay was 28% 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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