Southport Oak Island Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 302,859 | 265,326 | 37,533 | 15.2 | 39% |
| 2016 | 239,844 | 277,895 | −38,051 | 12.9 | 41% |
| 2017 | 317,962 | 272,155 | 45,807 | 15.2 | 40% |
| 2018 | 329,004 | 276,219 | 52,785 | 17.3 | 41% |
| 2019 | 238,243 | 265,924 | −27,681 | 16.7 | 41% |
| 2020 | 295,362 | 258,284 | 37,078 | 18.9 | 42% |
| 2021 | 340,224 | 253,991 | 86,233 | 23.3 | 41% |
| 2022 | 356,710 | 310,632 | 46,078 | 20.8 | 44% |
| 2023 | 267,109 | 304,691 | −37,582 | 19.8 | 42% |
In its most recent public year (2023), this organization spent $37,582 more than it brought in. Its reserves stood at about 19.8 months of spending, up from 15.2 in 2015. Staff pay was 42% 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
Southport Oak Island 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