Fauquier County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 270,365 | 221,295 | 49,070 | 5.5 | 40% |
| 2021 | 161,700 | 148,968 | 12,732 | 10.1 | 30% |
| 2022 | 167,997 | 169,074 | −1,077 | 9.6 | 61% |
| 2023 | 133,911 | 186,719 | −52,808 | 6.1 | 58% |
In its most recent public year (2023), this organization spent $52,808 more than it brought in. Its reserves stood at about 6.1 months of spending. Staff pay was 58% 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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