Greater Los Angeles African American Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 275,162 | 164,580 | 110,582 | 78.6 | 52% |
| 2012 | 261,493 | 177,907 | 83,586 | 78.3 | 51% |
| 2013 | 318,937 | 186,594 | 132,343 | 83.2 | 51% |
| 2014 | 221,718 | 165,390 | 56,328 | 97.9 | 48% |
| 2015 | 428,657 | 200,992 | 227,665 | 82.7 | 33% |
| 2016 | 375,180 | 241,925 | 133,255 | 77.1 | 36% |
| 2017 | 328,711 | 273,903 | 54,808 | 70.5 | 34% |
| 2018 | 365,489 | 290,737 | 74,752 | 74.3 | 35% |
| 2019 | 380,695 | 318,438 | 62,257 | 70.1 | 39% |
| 2020 | 436,382 | 312,819 | 123,563 | 76.1 | 42% |
| 2021 | 408,569 | 320,473 | 88,096 | 77.6 | 42% |
| 2022 | 424,866 | 422,416 | 2,450 | 58.1 | 38% |
| 2023 | 981,623 | 924,296 | 57,327 | 27.3 | 20% |
In its most recent public year (2023), this organization brought in $57,327 more than it spent. Its reserves stood at about 27.3 months of spending, down from 78.6 in 2011. Staff pay was 20% 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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