Greater Beloit Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 42,512 | 14,657 | 27,855 | 73.4 | — |
| 2014 | 206,682 | 230,795 | −24,113 | 3.3 | 27% |
| 2015 | 236,305 | 250,849 | −14,544 | 2.2 | 52% |
| 2016 | 223,733 | 192,832 | 30,901 | 4.7 | 57% |
| 2017 | 242,417 | 176,534 | 65,883 | 9.6 | 58% |
| 2018 | 262,671 | 222,391 | 40,280 | 10.9 | 53% |
| 2019 | 294,855 | 239,182 | 55,673 | 13.1 | 58% |
| 2020 | 242,239 | 223,653 | 18,586 | 8.3 | 61% |
| 2021 | 300,652 | 228,073 | 72,579 | 12.0 | 61% |
| 2022 | 272,493 | 308,815 | −36,322 | 7.4 | 55% |
| 2023 | 284,953 | 291,469 | −6,516 | 7.6 | 62% |
In its most recent public year (2023), this organization spent $6,516 more than it brought in. Its reserves stood at about 7.6 months of spending, down from 73.4 in 2013. Staff pay was 62% 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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