The Morro Bay Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 253,367 | 239,308 | 14,059 | 1.8 | 51% |
| 2013 | 258,676 | 271,880 | −13,204 | 1.0 | 49% |
| 2014 | 176,758 | 168,078 | 8,680 | 2.3 | 55% |
| 2015 | 146,273 | 107,354 | 38,919 | 8.0 | 40% |
| 2016 | 157,361 | 142,279 | 15,082 | 7.3 | 56% |
| 2017 | 170,187 | 186,146 | −15,959 | 4.6 | 59% |
| 2018 | 239,776 | 213,699 | 26,077 | 5.5 | 58% |
| 2019 | 211,783 | 228,052 | −16,269 | 4.5 | 52% |
| 2020 | 210,444 | 231,884 | −21,440 | 5.2 | 52% |
| 2021 | 244,406 | 204,381 | 40,025 | 8.2 | 57% |
| 2022 | 527,677 | 513,192 | 14,485 | 3.6 | 24% |
| 2023 | 269,483 | 314,922 | −45,439 | 3.4 | 55% |
In its most recent public year (2023), this organization spent $45,439 more than it brought in. Its reserves stood at about 3.4 months of spending, up from 1.8 in 2012. 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 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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