Foundation of the Greater New Haven Chamber of Commerce Inc

Analysis

Foundation of the Greater New Haven Chamber of Commerce Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 February 2024, Foundation of the Greater New Haven Chamber of Commerce Inc reported income of $165k and spending of $166k, spending 101% of its income. Across the 6 years on record, from February 2019 to February 2024, income grew from $139k to $165k (+18%), an average of +3.4% a year. The sharpest change came in the year to February 2021, when income rose by 101%. 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, Foundation of the Greater New Haven Chamber of Commerce Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Nami Anchorage ($165k), Friends of Concord Carlisle Football Inc ($165k) and Washington Council of Lawyers ($165k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of $101k, net assets of $49k.