Wake Forest Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 322,394 | 315,228 | 7,166 | 11.8 | 54% |
| 2012 | 357,803 | 330,031 | 27,772 | 12.3 | 51% |
| 2013 | 342,960 | 353,604 | −10,644 | 11.1 | 47% |
| 2014 | 365,094 | 304,945 | 60,149 | 15.3 | 48% |
| 2015 | 327,632 | 347,230 | −19,598 | 12.7 | 48% |
| 2016 | 441,791 | 418,488 | 23,303 | 11.2 | 52% |
| 2017 | 456,775 | 444,481 | 12,294 | 10.9 | 60% |
| 2018 | 534,042 | 450,182 | 83,860 | 13.0 | 57% |
| 2019 | 505,447 | 516,280 | −10,833 | 11.1 | 58% |
| 2020 | 475,246 | 547,571 | −72,325 | 8.9 | 67% |
| 2021 | 494,682 | 411,711 | 82,971 | 14.2 | 75% |
| 2022 | 514,574 | 439,866 | 74,708 | 15.4 | 57% |
| 2023 | 517,284 | 453,270 | 64,014 | 16.7 | 62% |
In its most recent public year (2023), this organization brought in $64,014 more than it spent. Its reserves stood at about 16.7 months of spending, up from 11.8 in 2011. Staff pay was 62% 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
Wake Forest Area Chamber Of Commerce's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works