Block Island Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 95,515 | 110,701 | −15,186 | 9.9 | — |
| 2021 | 164,264 | 94,783 | 69,481 | 20.3 | — |
| 2022 | 91,445 | 123,743 | −32,298 | 12.4 | — |
| 2023 | 108,974 | 111,767 | −2,793 | 13.5 | — |
| 2024 | 166,505 | 154,265 | 12,240 | 10.7 | — |
In its most recent public year (2024), this organization brought in $12,240 more than it spent. Its reserves stood at about 10.7 months 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 2024. 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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