Fredericksburg Regional Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 784,307 | 748,535 | 35,772 | 10.6 | 62% |
| 2021 | 987,064 | 787,387 | 199,677 | 12.6 | 61% |
| 2022 | 771,237 | 937,321 | −166,084 | 8.0 | 58% |
| 2023 | 866,649 | 967,441 | −100,792 | 2.8 | 56% |
In its most recent public year (2023), this organization spent $100,792 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 10.6 in 2020. Staff pay was 56% 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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