Baltimore City Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 28,900 | 32,717 | −3,817 | 8.9 | — |
| 2022 | 63,774 | 90,241 | −26,467 | -0.3 | — |
| 2023 | 109,912 | 192,584 | −82,672 | -5.3 | — |
In its most recent public year (2023), this organization spent $82,672 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.3 months), down from 8.9 in 2021.
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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