Greater Augusta Regional Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 250,576 | 248,177 | 2,399 | 6.8 | 59% |
| 2021 | 281,927 | 272,325 | 9,602 | 7.2 | 58% |
| 2022 | 258,270 | 310,612 | −52,342 | 5.4 | 52% |
| 2023 | 369,434 | 364,789 | 4,645 | 4.8 | 55% |
In its most recent public year (2023), this organization brought in $4,645 more than it spent. Its reserves stood at about 4.8 months of spending, down from 6.8 in 2020. Staff pay was 55% 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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