Corpus Christi Black Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 55,148 | 30,460 | 24,688 | 10.8 | — |
| 2019 | 85,890 | 65,343 | 20,547 | 8.8 | — |
| 2020 | 56,950 | 13,376 | 43,574 | 82.1 | — |
| 2022 | 92,848 | 129,160 | −36,312 | 3.8 | — |
| 2023 | 70,729 | 101,097 | −30,368 | 1.2 | — |
In its most recent public year (2023), this organization spent $30,368 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 10.8 in 2018.
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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