Hobbs Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 285,673 | 259,146 | 26,527 | 5.8 | 45% |
| 2013 | 323,892 | 286,128 | 37,764 | 6.9 | 49% |
| 2014 | 282,769 | 304,482 | −21,713 | 5.6 | 51% |
| 2015 | 333,097 | 308,407 | 24,690 | 6.5 | 49% |
| 2016 | 344,816 | 345,200 | −384 | 5.8 | 42% |
| 2017 | 225,951 | 214,951 | 11,000 | 9.9 | 55% |
| 2018 | 330,152 | 334,133 | −3,981 | 6.2 | 41% |
| 2019 | 321,178 | 287,595 | 33,583 | 8.6 | 49% |
| 2020 | 245,192 | 270,830 | −25,638 | 8.0 | 46% |
| 2021 | 297,527 | 248,494 | 49,033 | 11.1 | 48% |
| 2022 | 281,137 | 242,619 | 38,518 | 13.4 | 50% |
| 2023 | 293,067 | 283,927 | 9,140 | 11.8 | 54% |
In its most recent public year (2023), this organization brought in $9,140 more than it spent. Its reserves stood at about 11.8 months of spending, up from 5.8 in 2012. Staff pay was 54% 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
Hobbs Chamber Of Commerce Inc'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