Carroll County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 222,453 | 160,676 | 61,777 | 8.2 | 18% |
| 2021 | 137,568 | 113,840 | 23,728 | 14.3 | 34% |
| 2022 | 148,076 | 146,254 | 1,822 | 11.3 | 31% |
| 2023 | 175,584 | 176,221 | −637 | 9.3 | 28% |
In its most recent public year (2023), this organization spent $637 more than it brought in. Its reserves stood at about 9.3 months of spending, up from 8.2 in 2020. Staff pay was 28% 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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