Top Of Virginia Regional Chamber
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 475,412 | 460,469 | 14,943 | 8.5 | 54% |
| 2020 | 433,140 | 401,932 | 31,208 | 10.7 | 60% |
| 2021 | 491,839 | 402,549 | 89,290 | 13.3 | 55% |
| 2022 | 643,229 | 498,022 | 145,207 | 14.1 | 56% |
| 2023 | 526,788 | 510,904 | 15,884 | 15.5 | 58% |
In its most recent public year (2023), this organization brought in $15,884 more than it spent. Its reserves stood at about 15.5 months of spending, up from 8.5 in 2019. Staff pay was 58% of spending. $650,818 of its net assets are donor-restricted.
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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