Louisiana Hispanic Chamer Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 258,782 | 228,681 | 30,101 | 4.5 | 24% |
| 2021 | 395,746 | 315,685 | 80,061 | 6.3 | 41% |
| 2022 | 488,840 | 443,741 | 45,099 | 5.7 | 38% |
| 2023 | 567,888 | 567,797 | 91 | 4.4 | 31% |
In its most recent public year (2023), this organization brought in $91 more than it spent. Its reserves stood at about 4.4 months of spending. Staff pay was 31% 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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