Mobile Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,100,537 | 5,697,314 | −596,777 | 8.9 | 44% |
| 2020 | 4,519,733 | 5,325,943 | −806,210 | 7.1 | 52% |
| 2021 | 5,207,666 | 4,686,819 | 520,847 | 2.2 | 50% |
| 2022 | 4,918,729 | 5,375,035 | −456,306 | 0.9 | 43% |
In its most recent public year (2022), this organization spent $456,306 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 8.9 in 2019. Staff pay was 43% 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 2022. 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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