North Central Massachusetts Chamber Foundation Incorporated

Analysis

North Central Massachusetts Chamber Foundation Incorporated is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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 June 2024, North Central Massachusetts Chamber Foundation Incorporated reported income of $179k and spending of $156k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $52k to $179k (+241%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 68%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Central Massachusetts Chamber Foundation Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Turlock Nursery School ($179k), PTA New York Congress ($179k) and The Arab Educational Council ($179k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $100k. At year end it held assets of $643k against liabilities of $0, net assets of $643k.