Torrance Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 452,720 | 423,460 | 29,260 | 3.4 | 48% |
| 2013 | 492,430 | 477,293 | 15,137 | 3.4 | 53% |
| 2014 | 491,202 | 489,067 | 2,135 | 3.4 | 59% |
| 2015 | 510,464 | 516,451 | −5,987 | 3.0 | 58% |
| 2016 | 534,340 | 510,309 | 24,031 | 3.6 | 59% |
| 2017 | 470,070 | 461,793 | 8,277 | 4.2 | 64% |
| 2018 | 465,592 | 439,127 | 26,465 | 5.2 | 62% |
| 2019 | 553,670 | 533,050 | 20,620 | 4.7 | 20% |
| 2020 | 572,982 | 523,678 | 49,304 | 5.9 | 20% |
| 2021 | 592,806 | 494,520 | 98,286 | 8.7 | 65% |
| 2022 | 551,459 | 478,862 | 72,597 | 10.8 | 57% |
In its most recent public year (2022), this organization brought in $72,597 more than it spent. Its reserves stood at about 10.8 months of spending, up from 3.4 in 2012. Staff pay was 57% 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
Torrance Chamber Of Commerce's IRS filings as a feed — one entry per filing year, through 2022. 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