Troy Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 184,302 | 134,574 | 49,728 | 64.6 | 37% |
| 2021 | 264,877 | 228,909 | 35,968 | 40.0 | 21% |
| 2022 | 229,724 | 188,155 | 41,569 | 51.3 | 24% |
| 2023 | 210,494 | 221,110 | −10,616 | 43.1 | 21% |
In its most recent public year (2023), this organization spent $10,616 more than it brought in. Its reserves stood at about 43.1 months of spending, down from 64.6 in 2020. Staff pay was 21% 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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