Greater Reading Chamber And Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 2,242,938 | 2,242,938 | 0 | 0.2 | 80% |
| 2018 | 3,399,961 | 3,271,880 | 128,081 | 0.6 | 63% |
| 2019 | 3,777,718 | 3,514,653 | 263,065 | 4.6 | 60% |
| 2020 | 4,196,319 | 3,365,209 | 831,110 | 7.8 | 52% |
| 2021 | 3,240,632 | 2,985,554 | 255,078 | 9.8 | 57% |
| 2022 | 2,843,001 | 2,860,376 | −17,375 | 10.2 | 60% |
| 2023 | 3,035,485 | 3,142,610 | −107,125 | 8.8 | 56% |
In its most recent public year (2023), this organization spent $107,125 more than it brought in. Its reserves stood at about 8.8 months of spending, up from 0.2 in 2017. Staff pay was 56% 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
Greater Reading Chamber And Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works