Chamber Of Commerce Of The City Of Ridgeland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 213,743 | 219,538 | −5,795 | 18.8 | 51% |
| 2012 | 215,971 | 221,118 | −5,147 | 18.4 | 56% |
| 2013 | 218,712 | 231,636 | −12,924 | 16.9 | 56% |
| 2014 | 218,255 | 231,996 | −13,741 | 16.1 | 59% |
| 2015 | 217,631 | 239,589 | −21,958 | 14.5 | 57% |
| 2016 | 227,059 | 245,060 | −18,001 | 13.3 | 54% |
| 2017 | 229,535 | 248,175 | −18,640 | 12.2 | 60% |
| 2018 | 213,843 | 264,801 | −50,958 | 9.2 | 58% |
| 2019 | 230,297 | 258,800 | −28,503 | 8.1 | 55% |
| 2020 | 205,053 | 239,745 | −34,692 | 7.0 | 58% |
| 2021 | 246,399 | 244,296 | 2,103 | 6.9 | 59% |
| 2022 | 242,961 | 245,717 | −2,756 | 6.8 | 60% |
| 2023 | 238,073 | 247,859 | −9,786 | 6.3 | 62% |
In its most recent public year (2023), this organization spent $9,786 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 18.8 in 2011. Staff pay was 62% 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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