Colorado Chamber Of Commerce And Industry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,067,740 | 2,010,361 | 57,379 | 3.1 | 60% |
| 2021 | 2,283,205 | 2,164,072 | 119,133 | 3.5 | 62% |
| 2022 | 2,806,419 | 2,419,381 | 387,038 | 5.0 | 56% |
| 2023 | 3,436,297 | 3,018,674 | 417,623 | 5.7 | 58% |
In its most recent public year (2023), this organization brought in $417,623 more than it spent. Its reserves stood at about 5.7 months of spending, up from 3.1 in 2020. Staff pay was 58% 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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