Whatcom Chamber Of Commerce And Industry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 501,032 | 503,840 | −2,808 | -0.3 | 42% |
| 2012 | 508,701 | 538,996 | −30,295 | -1.0 | 42% |
| 2013 | 462,804 | 470,443 | −7,639 | -1.3 | 42% |
| 2014 | 454,163 | 415,374 | 38,789 | -0.3 | 44% |
| 2015 | 476,850 | 484,760 | −7,910 | -0.5 | 42% |
| 2016 | 502,748 | 491,588 | 11,160 | -0.2 | 43% |
| 2017 | 515,771 | 511,864 | 3,907 | 0.0 | 41% |
| 2018 | 569,650 | 573,425 | −3,775 | -0.1 | 36% |
| 2019 | 495,704 | 508,463 | −12,759 | -0.4 | 39% |
| 2020 | 392,917 | 317,239 | 75,678 | 2.3 | 42% |
| 2021 | 452,596 | 327,845 | 124,751 | 6.7 | 43% |
| 2022 | 407,188 | 406,004 | 1,184 | 5.3 | 39% |
| 2023 | 378,857 | 426,557 | −47,700 | 3.7 | 39% |
In its most recent public year (2023), this organization spent $47,700 more than it brought in. Its reserves stood at about 3.7 months of spending, up from -0.3 in 2011. Staff pay was 39% 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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