Asheboro Randolph Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 448,357 | 446,897 | 1,460 | 7.5 | 41% |
| 2012 | 479,759 | 477,977 | 1,782 | 7.0 | 40% |
| 2013 | 468,933 | 467,630 | 1,303 | 7.3 | 41% |
| 2014 | 452,860 | 477,941 | −25,081 | 6.6 | 38% |
| 2015 | 1,227,130 | 485,314 | 741,816 | 24.6 | 34% |
| 2016 | 448,238 | 477,123 | −28,885 | 24.8 | 34% |
| 2017 | 424,670 | 462,133 | −37,463 | 25.2 | 41% |
| 2018 | 409,320 | 481,690 | −72,370 | 22.1 | 43% |
| 2019 | 531,441 | 492,388 | 39,053 | 22.4 | 26% |
| 2020 | 424,140 | 385,363 | 38,777 | 29.8 | 32% |
| 2021 | 505,946 | 453,674 | 52,272 | 26.7 | 31% |
| 2022 | 639,898 | 650,376 | −10,478 | 18.4 | 22% |
| 2023 | 697,433 | 680,751 | 16,682 | 18.0 | 39% |
In its most recent public year (2023), this organization brought in $16,682 more than it spent. Its reserves stood at about 18 months of spending, up from 7.5 in 2011. Staff pay was 39% 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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