Georgia Hispanic Chamber of Commerce Business Development Cent

Analysis

Georgia Hispanic Chamber of Commerce Business Development Cent is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Georgia Hispanic Chamber of Commerce Business Development Cent reported income of $329k and spending of $185k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2020 to December 2021, income grew from $297k to $329k (+11%), an average of +11% a year. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Georgia Hispanic Chamber of Commerce Business Development Cent sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include Kindwork ($329k), Muslim Community Center for Human Services ($329k) and 100 Black Men of Greater Mobile Inc ($329k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $72k. At year end it held assets of $409k against liabilities of $98k, net assets of $312k. It reported 1 employees.