Wadesboro-Anson Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 102,918 | 103,261 | −343 | 3.5 | 52% |
| 2021 | 89,203 | 102,671 | −13,468 | 1.9 | 52% |
| 2022 | 141,506 | 113,032 | 28,474 | 4.8 | 45% |
| 2023 | 123,749 | 56,685 | 67,064 | 23.9 | 21% |
In its most recent public year (2023), this organization brought in $67,064 more than it spent. Its reserves stood at about 23.9 months of spending, up from 3.5 in 2020. Staff pay was 21% 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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