Richmond Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 403,528 | 379,903 | 23,625 | -0.5 | 55% |
| 2011 | 388,701 | 380,667 | 8,034 | -0.3 | 56% |
| 2012 | 342,389 | 339,574 | 2,815 | -0.2 | 63% |
| 2013 | 331,035 | 335,176 | −4,141 | -0.7 | 44% |
| 2014 | 753,336 | 364,777 | 388,559 | 12.1 | 61% |
| 2015 | 319,850 | 360,569 | −40,719 | 12.1 | 58% |
| 2016 | 212,170 | 258,770 | −46,600 | 14.7 | 46% |
| 2017 | 247,080 | 246,104 | 976 | 15.5 | 41% |
| 2018 | 252,873 | 255,820 | −2,947 | 14.8 | 31% |
| 2019 | 225,939 | 172,361 | 53,578 | 20.7 | 60% |
| 2020 | 119,951 | 142,271 | −22,320 | 23.2 | 57% |
| 2021 | 147,012 | 149,031 | −2,019 | 33.4 | 39% |
| 2022 | 72,998 | 119,340 | −46,342 | 22.9 | 55% |
In its most recent public year (2022), this organization spent $46,342 more than it brought in. Its reserves stood at about 22.9 months of spending, up from -0.5 in 2010. Staff pay was 55% 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 2022. 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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