Libby Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 138,635 | 117,848 | 20,787 | 8.8 | — |
| 2021 | 138,918 | 123,806 | 15,112 | 9.8 | — |
| 2022 | 161,952 | 173,035 | −11,083 | 6.3 | — |
| 2023 | 118,283 | 157,949 | −39,666 | 3.8 | — |
In its most recent public year (2023), this organization spent $39,666 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 8.8 in 2020.
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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