Greater Richmond Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,081,897 | 3,063,179 | 18,718 | 9.1 | 12% |
| 2013 | 3,105,675 | 3,038,326 | 67,349 | 9.4 | 13% |
| 2014 | 3,216,085 | 3,023,194 | 192,891 | 10.2 | 45% |
| 2015 | 2,918,999 | 2,959,419 | −40,420 | 10.3 | 45% |
| 2016 | 2,842,815 | 2,813,969 | 28,846 | 10.9 | 46% |
| 2017 | 2,932,932 | 2,771,476 | 161,456 | 11.8 | 45% |
| 2018 | 3,087,421 | 2,860,336 | 227,085 | 12.4 | 46% |
| 2019 | 1,355,515 | 1,551,563 | −196,048 | 23.0 | 49% |
| 2020 | 3,138,303 | 3,325,885 | −187,582 | 10.1 | 45% |
| 2021 | 3,217,142 | 2,883,320 | 333,822 | 13.1 | 50% |
| 2022 | 3,182,479 | 3,105,544 | 76,935 | 12.3 | 46% |
| 2023 | 3,305,735 | 3,618,576 | −312,841 | 9.6 | 43% |
In its most recent public year (2023), this organization spent $312,841 more than it brought in. Its reserves stood at about 9.6 months of spending. Staff pay was 43% 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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