Lexington Area Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 279,880 | 243,150 | 36,730 | 3.4 | 55% |
| 2022 | 227,370 | 246,542 | −19,172 | 2.4 | 53% |
| 2023 | 260,779 | 252,771 | 8,008 | 2.7 | 41% |
| 2024 | 266,690 | 298,838 | −32,148 | 1.0 | 46% |
In its most recent public year (2024), this organization spent $32,148 more than it brought in. Its reserves stood at about 1 months of spending, down from 3.4 in 2021. Staff pay was 46% of spending. $5,779 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 2024. 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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