Beckley-Raleigh Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 334,825 | 348,782 | −13,957 | 7.4 | 56% |
| 2021 | 457,600 | 371,748 | 85,852 | 9.7 | 59% |
| 2022 | 454,709 | 400,113 | 54,596 | 11.0 | 58% |
| 2023 | 515,591 | 434,547 | 81,044 | 11.5 | 56% |
In its most recent public year (2023), this organization brought in $81,044 more than it spent. Its reserves stood at about 11.5 months of spending, up from 7.4 in 2020. Staff pay was 56% of spending. $1,516 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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