Chatham Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 321,485 | 267,044 | 54,441 | 8.1 | 43% |
| 2021 | 370,295 | 323,297 | 46,998 | 8.4 | 38% |
| 2022 | 496,611 | 468,144 | 28,467 | 6.5 | 31% |
| 2023 | 402,639 | 413,354 | −10,715 | 7.1 | 34% |
In its most recent public year (2023), this organization spent $10,715 more than it brought in. Its reserves stood at about 7.1 months of spending. Staff pay was 34% 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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