Wakefield Chamber Of Commerce Inc Americal Civic Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,778 | 75,908 | −18,130 | 11.4 | — |
| 2021 | 55,640 | 63,339 | −7,699 | 12.2 | — |
| 2022 | 58,082 | 64,938 | −6,856 | 10.7 | — |
| 2023 | 68,707 | 62,021 | 6,686 | 12.4 | — |
In its most recent public year (2023), this organization brought in $6,686 more than it spent. Its reserves stood at about 12.4 months 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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