Operating expenses ($1,000)

{
  "id": "MLC-T-ECS-001351",
  "term": "Operating expenses ($1,000)",
  "field": "Economic statistics",
  "definition": "Operating expenses include payroll, employee benefits, interest and rent expenses, payroll taxes, cost of supplies used for operation, depreciation expenses, fundraising expenses, contracted or purchased services, and other expenses charged to operations during the reporting year. Operating expenses exclude cost of goods sold, income taxes, and interest for wholesale establishments; outlays for the purchase of real estate; construction and all other capital improvements; funds invested; assessments or dues paid to the parent or other chapters of the same organization; and, for fundraising organizations, funds transferred to charities and other organizations.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/operating-expenses-1000/"
}