Groves Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 100,442 | 101,124 | −682 | 13.2 | 48% |
| 2012 | 99,606 | 97,003 | 2,603 | 14.1 | 50% |
| 2013 | 104,582 | 106,372 | −1,790 | 12.7 | 48% |
| 2014 | 118,605 | 102,726 | 15,879 | 15.0 | 50% |
| 2015 | 70,851 | 144,318 | −73,467 | 4.6 | 38% |
| 2016 | 100,912 | 103,377 | −2,465 | 6.1 | 55% |
| 2017 | 85,089 | 95,534 | −10,445 | 5.3 | 59% |
| 2018 | 93,547 | 96,782 | −3,235 | 4.8 | 59% |
| 2019 | 100,367 | 101,452 | −1,085 | 4.4 | 55% |
| 2020 | 127,758 | 90,557 | 37,201 | 9.9 | 56% |
| 2021 | 97,892 | 101,459 | −3,567 | 8.4 | 51% |
| 2022 | 100,349 | 92,417 | 7,932 | 10.3 | 38% |
| 2023 | 86,207 | 96,483 | −10,276 | 8.6 | 41% |
In its most recent public year (2023), this organization spent $10,276 more than it brought in. Its reserves stood at about 8.6 months of spending, down from 13.2 in 2011. Staff pay was 41% 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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