Talent Chamber of Commerce

Analysis

Talent Chamber of Commerce is a registered charity in United States, based in Talent, OR. It received its IRS tax-exemption ruling in December 2005, 21 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Talent Chamber of Commerce reported income of $76k and spending of $77k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $76k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Talent Chamber of Commerce sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within OR. Charities of a similar size with the same main cause include Women in Agile Inc ($76k), First Builders Construction Inc ($76k) and Greater Community Development Corporation ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.