South Carolina Manufacturers And Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,220,414 | 2,191,002 | 29,412 | 9.1 | 53% |
| 2021 | 2,535,575 | 2,346,187 | 189,388 | 5.2 | 50% |
| 2022 | 2,973,534 | 2,951,450 | 22,084 | 3.4 | 46% |
| 2023 | 2,893,666 | 2,868,858 | 24,808 | 3.7 | 45% |
In its most recent public year (2023), this organization brought in $24,808 more than it spent. Its reserves stood at about 3.7 months of spending, down from 9.1 in 2020. Staff pay was 45% 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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