Lake Gaston Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 66,706 | 79,382 | −12,676 | 19.6 | — |
| 2012 | 94,749 | 80,946 | 13,803 | 21.3 | — |
| 2013 | 82,216 | 87,273 | −5,057 | 19.0 | — |
| 2014 | 96,772 | 96,222 | 550 | 17.3 | — |
| 2015 | 141,372 | 106,067 | 35,305 | 19.7 | — |
| 2016 | 141,886 | 140,085 | 1,801 | 15.1 | — |
| 2017 | 153,454 | 138,652 | 14,802 | 16.5 | 57% |
| 2018 | 136,819 | 156,014 | −19,195 | 13.2 | 50% |
| 2019 | 164,760 | 167,297 | −2,537 | 12.2 | 39% |
| 2020 | 126,684 | 127,654 | −970 | 15.9 | 43% |
| 2021 | 134,028 | 120,721 | 13,307 | 18.1 | 41% |
| 2022 | 119,425 | 122,982 | −3,557 | 17.4 | 44% |
| 2023 | 155,427 | 129,566 | 25,861 | 18.9 | 43% |
In its most recent public year (2023), this organization brought in $25,861 more than it spent. Its reserves stood at about 18.9 months of spending. Staff pay was 43% 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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