Wheaton & Kensington Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 52,551 | 46,912 | 5,639 | 5.2 | — |
| 2021 | 45,140 | 47,082 | −1,942 | 4.7 | — |
| 2022 | 45,508 | 47,810 | −2,302 | 4.0 | — |
| 2023 | 38,471 | 45,614 | −7,143 | 2.3 | — |
In its most recent public year (2023), this organization spent $7,143 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 5.2 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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