Chapel Hill Carboro Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,150,277 | 1,001,434 | 148,843 | 2.9 | 63% |
| 2021 | 1,087,187 | 1,056,386 | 30,801 | 3.1 | 61% |
| 2022 | 1,019,842 | 1,170,691 | −150,849 | 1.0 | 61% |
| 2023 | 1,388,418 | 1,372,293 | 16,125 | 0.8 | 47% |
In its most recent public year (2023), this organization brought in $16,125 more than it spent. Its reserves stood at about 0.8 months of spending, down from 2.9 in 2020. Staff pay was 47% 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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