Wilmington Tewksbury Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 68,253 | 79,552 | −11,299 | 6.2 | — |
| 2021 | 80,881 | 55,797 | 25,084 | 14.2 | — |
| 2022 | 102,979 | 97,009 | 5,970 | 9.6 | — |
| 2023 | 47,723 | 50,183 | −2,460 | 17.9 | — |
In its most recent public year (2023), this organization spent $2,460 more than it brought in. Its reserves stood at about 17.9 months of spending, up from 6.2 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 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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