Reidsville Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,671 | 80,082 | 5,589 | 1.8 | — |
| 2012 | 118,985 | 105,932 | 13,053 | 2.9 | — |
| 2013 | 129,115 | 128,134 | 981 | 2.5 | — |
| 2014 | 150,827 | 151,813 | −986 | 2.0 | — |
| 2015 | 174,008 | 169,418 | 4,590 | 2.1 | — |
| 2016 | 273,972 | 252,922 | 21,050 | 2.4 | 19% |
| 2017 | 288,012 | 273,519 | 14,493 | 2.9 | 19% |
| 2018 | 289,808 | 272,344 | 17,464 | 3.7 | 37% |
| 2019 | 305,790 | 289,914 | 15,876 | 4.1 | 36% |
| 2020 | 242,493 | 236,022 | 6,471 | 5.4 | 43% |
| 2021 | 280,704 | 270,898 | 9,806 | 5.1 | 42% |
| 2022 | 286,698 | 311,107 | −24,409 | 3.5 | 42% |
| 2023 | 303,107 | 329,439 | −26,332 | 2.3 | 40% |
In its most recent public year (2023), this organization spent $26,332 more than it brought in. Its reserves stood at about 2.3 months of spending. Staff pay was 40% 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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