Blackstone Valley Chamber of Commerce Education Foundation

Analysis

Blackstone Valley Chamber of Commerce Education Foundation is a registered charity in United States, based in Whitinsville, MA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Blackstone Valley Chamber of Commerce Education Foundation reported income of $237k and spending of $167k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $164k to $237k (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blackstone Valley Chamber of Commerce Education Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Thrive Teaching Inc ($237k), Fort Stockton Christian Academy ($237k) and Virginia Association of Science Teachers ($237k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $44k (26% of expenses). Other salaries and wages came to $8,225. At year end it held assets of $276k against liabilities of $2,203, net assets of $274k. It reported 6 employees.