Colonial Beach Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 148,465 | 177,911 | −29,446 | 2.1 | — |
| 2017 | 156,418 | 160,452 | −4,034 | 2.0 | — |
| 2018 | 167,039 | 179,301 | −12,262 | 1.0 | — |
| 2019 | 183,176 | 169,970 | 13,206 | 2.0 | — |
| 2020 | 63,872 | 47,193 | 16,679 | 15.6 | — |
| 2021 | 138,544 | 115,893 | 22,651 | 5.6 | — |
| 2022 | 170,311 | 134,325 | 35,986 | 4.6 | — |
| 2023 | 165,351 | 146,533 | 18,818 | 4.2 | — |
In its most recent public year (2023), this organization brought in $18,818 more than it spent. Its reserves stood at about 4.2 months of spending, up from 2.1 in 2016.
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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