Black Chamber Of Commerce Of Maryland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 52,675 | 39,126 | 13,549 | 6.6 | — |
| 2020 | 22,474 | 21,088 | 1,386 | 13.0 | — |
| 2021 | 32,058 | 19,524 | 12,534 | 21.7 | — |
| 2022 | 56,979 | 44,635 | 12,344 | 12.8 | — |
| 2023 | 938,510 | 838,468 | 100,042 | 2.1 | 14% |
In its most recent public year (2023), this organization brought in $100,042 more than it spent. Its reserves stood at about 2.1 months of spending, down from 6.6 in 2019. Staff pay was 14% 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
Black Chamber Of Commerce Of Maryland's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works