Foundation of the Delaware County Chamber Inc

Analysis

Foundation of the Delaware County Chamber Inc is a registered charity in United States, based in Springfield, PA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. 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 June 2024, Foundation of the Delaware County Chamber Inc reported income of $56k and spending of $44k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $8,503 to $56k (+563%), an average of +158% a year. The sharpest change came in the year to June 2023, when income rose by 299%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation of the Delaware County Chamber Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Charleston Climate Coalition ($56k), The Eden Prairie Crime Prevention and Criminal Apprehension Fund ($56k) and Wisconsin Day Care Administrators ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. At year end it held assets of $59k against liabilities of $4,826, net assets of $54k.