Sumter Chamber Of Commerce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 33,969 | 31,600 | 2,369 | 23.8 | 0% |
| 2013 | 30,244 | 23,976 | 6,268 | 34.4 | 0% |
| 2014 | 25,406 | 13,918 | 11,488 | 69.2 | 0% |
| 2015 | 27,765 | 35,770 | −8,005 | 24.3 | 0% |
| 2016 | 84,141 | 98,030 | −13,889 | 7.2 | — |
| 2017 | 14,091 | 5,759 | 8,332 | 139.1 | — |
| 2018 | 2,331 | 1,052 | 1,279 | 776.0 | — |
| 2019 | 11,941 | 53,458 | −41,517 | 6.0 | — |
| 2020 | 297 | 25,665 | −25,368 | 0.5 | — |
| 2021 | 1 | 567 | −566 | 12.3 | — |
| 2022 | 26,510 | 13,570 | 12,940 | 12.0 | — |
| 2023 | 23,260 | 40,689 | −17,429 | -1.2 | — |
| 2024 | 500 | 2,102 | −1,602 | -31.5 | — |
In its most recent public year (2024), this organization spent $1,602 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-31.5 months), down from 23.8 in 2012.
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 2024. 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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