Phillips Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 74,930 | 80,025 | −5,095 | 11.9 | — |
| 2021 | 110,237 | 82,365 | 27,872 | 15.6 | — |
| 2022 | 160,767 | 116,761 | 44,006 | 15.5 | — |
| 2023 | 151,356 | 116,268 | 35,088 | 19.2 | — |
| 2024 | 146,042 | 139,530 | 6,512 | 16.6 | — |
In its most recent public year (2024), this organization brought in $6,512 more than it spent. Its reserves stood at about 16.6 months of spending, up from 11.9 in 2020.
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 2024. 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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