Martinsville-Henry County Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 321,103 | 332,181 | −11,078 | 11.0 | 33% |
| 2012 | 342,446 | 350,093 | −7,647 | 10.2 | 33% |
| 2013 | 404,831 | 425,443 | −20,612 | 7.8 | 44% |
| 2014 | 364,894 | 416,401 | −51,507 | 6.5 | 43% |
| 2015 | 375,182 | 367,282 | 7,900 | 7.6 | 42% |
| 2016 | 439,881 | 429,221 | 10,660 | 6.8 | 49% |
| 2017 | 478,183 | 455,847 | 22,336 | 7.0 | 48% |
| 2018 | 480,863 | 454,346 | 26,517 | 7.7 | 54% |
| 2019 | 396,887 | 415,175 | −18,288 | 7.9 | 45% |
| 2020 | 384,311 | 352,844 | 31,467 | 10.4 | 50% |
| 2021 | 323,511 | 307,114 | 16,397 | 12.6 | 36% |
| 2022 | 322,135 | 328,115 | −5,980 | 11.5 | 33% |
| 2023 | 394,508 | 398,684 | −4,176 | 9.4 | 31% |
In its most recent public year (2023), this organization spent $4,176 more than it brought in. Its reserves stood at about 9.4 months of spending, down from 11 in 2011. Staff pay was 31% 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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