Asheville Area Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,684,143 | 3,810,115 | −125,972 | 9.2 | 60% |
| 2012 | 2,954,754 | 3,753,618 | −798,864 | 6.8 | 61% |
| 2013 | 3,969,095 | 3,931,555 | 37,540 | 6.6 | 62% |
| 2014 | 4,438,411 | 4,240,811 | 197,600 | 6.7 | 64% |
| 2015 | 4,628,400 | 4,504,090 | 124,310 | 6.6 | 63% |
| 2016 | 4,862,325 | 4,737,622 | 124,703 | 6.6 | 65% |
| 2017 | 5,756,787 | 4,977,358 | 779,429 | 8.2 | 67% |
| 2018 | 3,048,199 | 3,036,912 | 11,287 | 13.5 | 55% |
| 2019 | 3,478,225 | 3,412,371 | 65,854 | 12.2 | 50% |
| 2020 | 3,332,475 | 3,431,254 | −98,779 | 11.8 | 54% |
| 2021 | 3,576,492 | 3,508,790 | 67,702 | 11.8 | 54% |
| 2022 | 4,133,970 | 3,911,054 | 222,916 | 11.3 | 52% |
| 2023 | 3,982,111 | 3,963,811 | 18,300 | 11.2 | 54% |
In its most recent public year (2023), this organization brought in $18,300 more than it spent. Its reserves stood at about 11.2 months of spending, up from 9.2 in 2011. Staff pay was 54% 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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