Rocky Mount Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 739,184 | 560,603 | 178,581 | 0.7 | 54% |
| 2021 | 663,846 | 586,749 | 77,097 | 2.2 | 52% |
| 2022 | 817,122 | 717,562 | 99,560 | 3.5 | 45% |
| 2023 | 828,202 | 771,106 | 57,096 | 4.1 | 44% |
In its most recent public year (2023), this organization brought in $57,096 more than it spent. Its reserves stood at about 4.1 months of spending, up from 0.7 in 2020. Staff pay was 44% 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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