Laredo Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 698,092 | 700,684 | −2,592 | 6.3 | 34% |
| 2012 | 717,276 | 724,965 | −7,689 | 6.0 | 34% |
| 2013 | 695,230 | 696,260 | −1,030 | 6.2 | 36% |
| 2014 | 722,030 | 773,949 | −51,919 | 4.7 | 34% |
| 2015 | 902,058 | 839,568 | 62,490 | 5.2 | 32% |
| 2016 | 764,569 | 764,644 | −75 | 5.7 | 36% |
| 2017 | 783,998 | 746,102 | 37,896 | 6.5 | 37% |
| 2018 | 729,871 | 758,814 | −28,943 | 5.9 | 35% |
| 2019 | 771,188 | 796,684 | −25,496 | 5.3 | 32% |
| 2020 | 581,490 | 612,160 | −30,670 | 6.3 | 38% |
| 2021 | 785,138 | 686,322 | 98,816 | 7.3 | 34% |
| 2022 | 1,454,182 | 747,538 | 706,644 | 18.1 | 34% |
| 2023 | 797,337 | 752,075 | 45,262 | 19.1 | 34% |
In its most recent public year (2023), this organization brought in $45,262 more than it spent. Its reserves stood at about 19.1 months of spending, up from 6.3 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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