Chamber Of Commerce Of West Hartford Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 220,955 | 220,499 | 456 | 6.9 | 71% |
| 2021 | 202,342 | 199,998 | 2,344 | 7.7 | 72% |
| 2022 | 212,481 | 224,253 | −11,772 | 6.3 | 66% |
| 2023 | 254,447 | 244,154 | 10,293 | 6.3 | 68% |
In its most recent public year (2023), this organization brought in $10,293 more than it spent. Its reserves stood at about 6.3 months of spending. Staff pay was 68% 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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