Covington-Tipton County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 124,601 | 158,405 | −33,804 | 5.5 | 54% |
| 2013 | 156,011 | 162,640 | −6,629 | 4.9 | 57% |
| 2014 | 143,267 | 172,395 | −29,128 | 2.6 | 55% |
| 2015 | 166,860 | 175,003 | −8,143 | 2.0 | 62% |
| 2016 | 141,832 | 161,609 | −19,777 | 0.7 | 60% |
| 2017 | 154,411 | 143,139 | 11,272 | 1.7 | 56% |
| 2018 | 193,358 | 189,084 | 4,274 | 1.6 | 50% |
| 2019 | 160,936 | 118,772 | 42,164 | 6.7 | 51% |
| 2020 | 163,165 | 154,383 | 8,782 | 6.9 | 52% |
| 2021 | 226,961 | 206,275 | 20,686 | 6.5 | 40% |
| 2022 | 240,724 | 215,171 | 25,553 | 8.5 | 41% |
| 2023 | 218,156 | 263,229 | −45,073 | 4.9 | 39% |
In its most recent public year (2023), this organization spent $45,073 more than it brought in. Its reserves stood at about 4.9 months of spending. Staff pay was 39% 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
Covington-Tipton County Chamber Of Commerce's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works