Big Spring Area Chamber Of Commerce Charitable Trust 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 294,355 | 153,106 | 141,249 | 23.8 | 0% |
| 2020 | 14,836 | 107,420 | −92,584 | 23.5 | 0% |
| 2021 | 241,240 | 110,790 | 130,450 | 36.9 | 0% |
| 2022 | 63,296 | 64,519 | −1,223 | 63.2 | 0% |
| 2023 | 246,875 | 86,361 | 160,514 | 69.5 | 0% |
In its most recent public year (2023), this organization brought in $160,514 more than it spent. Its reserves stood at about 69.5 months of spending, up from 23.8 in 2019. Staff pay was 0% 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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