African American Chamber Of Commerce Of New Jersey Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 204,524 | 247,658 | −43,134 | -1.0 | 32% |
| 2012 | 289,209 | 281,565 | 7,644 | -0.6 | 37% |
| 2013 | 294,216 | 267,373 | 26,843 | 0.6 | 40% |
| 2014 | 444,945 | 440,518 | 4,427 | 0.5 | 42% |
| 2015 | 901,573 | 782,798 | 118,775 | 2.1 | 44% |
| 2016 | 857,802 | 784,298 | 73,504 | 3.2 | 45% |
| 2017 | 895,924 | 820,175 | 75,749 | 4.2 | 46% |
| 2018 | 1,353,832 | 1,234,699 | 119,133 | 3.9 | 41% |
| 2019 | 1,584,191 | 1,521,991 | 62,200 | 3.7 | 39% |
| 2020 | 1,813,698 | 1,618,913 | 194,785 | 4.9 | 37% |
| 2021 | 2,778,922 | 2,031,924 | 746,998 | 8.3 | 47% |
| 2022 | 3,067,074 | 2,830,963 | 236,111 | 6.9 | 20% |
| 2023 | 5,226,123 | 4,863,104 | 363,019 | 4.9 | 34% |
In its most recent public year (2023), this organization brought in $363,019 more than it spent. Its reserves stood at about 4.9 months of spending, up from -1 in 2011. Staff pay was 34% 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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