Staten Island Chamber of Commerce Foundation Inc

Analysis

Staten Island Chamber of Commerce Foundation Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in April 2000, 26 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 December 2023, Staten Island Chamber of Commerce Foundation Inc reported income of $800k and spending of $1.0m, spending 127% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $813k to $800k (-1.5%), an average of -0.3% a year. The sharpest change came in the year to December 2019, when income rose by 307%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Staten Island Chamber of Commerce Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Chesterton Academy of Orlando Inc ($800k), Everybody Wins D C Inc ($800k) and College Park Athletic Booster Club ($800k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $472k. At year end it held assets of $3.5m against liabilities of $395k, net assets of $3.1m. It reported 3 employees.