Greater Port Arthur Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 476,995 | 477,426 | −431 | 19.6 | 63% |
| 2021 | 555,854 | 522,396 | 33,458 | 20.2 | 62% |
| 2022 | 499,936 | 439,588 | 60,348 | 21.6 | 64% |
| 2023 | 562,269 | 522,307 | 39,962 | 20.9 | 60% |
In its most recent public year (2023), this organization brought in $39,962 more than it spent. Its reserves stood at about 20.9 months of spending, up from 19.6 in 2020. Staff pay was 60% of spending. $32,000 of its net assets are donor-restricted.
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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