Downey Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 133,498 | 182,394 | −48,896 | 5.5 | — |
| 2021 | 136,105 | 137,453 | −1,348 | 9.0 | — |
| 2022 | 134,993 | 164,969 | −29,976 | 5.3 | — |
| 2023 | 139,240 | 159,862 | −20,622 | 3.9 | — |
In its most recent public year (2023), this organization spent $20,622 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 5.5 in 2020.
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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