Us Black Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 378,643 | 372,077 | 6,566 | 0.4 | 44% |
| 2012 | 506,595 | 855,775 | −349,180 | -4.3 | 32% |
| 2013 | 724,353 | 586,031 | 138,322 | -3.5 | 50% |
| 2014 | 646,295 | 639,901 | 6,394 | -3.1 | 50% |
| 2015 | 979,132 | 900,279 | 78,853 | -1.1 | 40% |
| 2016 | 1,270,072 | 1,291,678 | −21,606 | -1.0 | 19% |
| 2017 | 1,280,436 | 1,066,573 | 213,863 | 1.3 | 33% |
| 2018 | 977,494 | 1,014,187 | −36,693 | 1.0 | 29% |
| 2019 | 1,802,931 | 1,737,418 | 65,513 | 2.0 | 33% |
| 2020 | 2,127,078 | 1,448,966 | 678,112 | 8.2 | 50% |
| 2021 | 4,255,742 | 2,158,299 | 2,097,443 | 17.2 | 36% |
| 2022 | 3,951,171 | 3,408,120 | 543,051 | 13.4 | 35% |
| 2023 | 3,009,012 | 3,801,180 | −792,168 | 9.5 | 35% |
In its most recent public year (2023), this organization spent $792,168 more than it brought in. Its reserves stood at about 9.5 months of spending, up from 0.4 in 2011. Staff pay was 35% 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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